All 27 EU leaders agree on EUR 50B aid package for Ukraine

All 27 EU leaders have agreed on the creation of a EUR 50 billion fund for Ukraine in the EU's multi-annual budget for 2024-2027.

European Council President Charles Michel said this in a post on X, Ukrinform reports.

"We have a deal and unity. All 27 leaders agreed on an additional EUR 50 billion support package for Ukraine within the EU budget. This locks in steadfast, long-term, predictable funding for Ukraine. EU is taking leadership & responsibility in support for Ukraine; we know what is at stake," Michel wrote.

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On February 1, the European Council is holding a special meeting in Brussels to discuss the creation of a EUR 50 billion fund for Ukraine in the EU's multi-annual budget for 2024-2027.