EU agrees key $55 billion funding for Ukraine
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Marketplace
4.5 • 1.4K Ratings
🗓️ 1 February 2024
⏱️ 7 minutes
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Summary
From the BBC World Service: Like in the United States, politicians across the European Union have been struggling to finalize an aid package for Ukraine. But all 27 EU leaders have just approved a $55 billion aid package for Ukraine, after Hungary’s leader Viktor Orbán initially blocked the funding. Also: a record number of Chinese migrants are traveling through South America to reach the U.S.
Transcript
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| 0:00.0 | EU leaders end a standoff over financial aid for Ukraine. |
| 0:05.5 | Live from the BBC World Service, this is the Marketplace Morning Report. |
| 0:09.5 | I'm Luke Wilson in for Leanna Byrne. |
| 0:11.4 | Good morning. |
| 0:12.4 | Like in the US, politicians across the Wilson in Fally Anna Byrne. Good morning. |
| 0:12.6 | Like in the US, politicians across the European Union |
| 0:15.8 | have been struggling to finalise an aid package for Ukraine. |
| 0:19.5 | But in the last few minutes, all 27 EU leaders have agreed on a 55 billion dollar package. |
| 0:26.4 | They've been meeting in Brussels this morning and political Susan Lynch is there. |
| 0:30.8 | Hi Suzanne. |
| 0:31.8 | Hi there, Luke. |
| 0:33.0 | So what do we know about this deal? |
| 0:35.0 | Well as you say, there are news of this deal is just trickling in here. |
| 0:38.0 | I'm at the summit at the moment and it looks like they have agreed this multi billion euro package for Ukraine. |
| 0:45.0 | You may remember that Hungary blocked this deal back in December and had continued to |
| 0:49.3 | indicate it would block it today, but there was a breakthrough. |
| 0:52.7 | Hungary has now signed up to this. |
| 0:55.9 | I think the breakthrough appeared to come earlier in the morning |
| 0:59.0 | when some of the EU leaders, including |
| 1:01.6 | the Prime Minister of France, Germany and Italy met with |
| 1:04.8 | Victor Orban and the head of the European Commission and Council as a kind of |
| 1:08.8 | small meeting. They were then joined by another couple of leaders and they seemed to have thrashed out some kind of |
... |
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