The agreement helps bypass Hungary’s refusal to extend the renewal period for the regime holding Russian frozen assets from six to 36 months.
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The original was posted on /r/ukrainewarvideoreport by /u/RR8570 on 2024-10-11 13:19:30+00:00.

EU Envoys Approve up to €35 Billion for Ukraine, Bypassing Hungary

The agreement helps bypass Hungary’s refusal to extend the renewal period for the regime holding Russian frozen assets from six to 36 months.

EU ambassadors agreed on Wednesday (9 October) to give Ukraine up to 35 billion euros as part of the bloc’s share in a larger planned loan from the Group of Seven nations (G7) backed by frozen Russian central bank assets, a statement from the Council of the EU said.