Hungarian Conservative

On 13 August the European Commission disbursed nearly €4.2 billion to Ukraine under the First Pillar of the Ukraine Facility. During the four-year plan, the EU aims to provide up to €50 billion in grants and loans for the country’s recovery, reconstruction, and modernization. Meanwhile, Kyiv has made gains in Kursk, which, according to the Institute for the Study of War, is a pivotal moment in the war with the potential to change its trajectory.

‘The fact is, however, that the continent’s current economic situation finds only a relatively small number of EU countries in a giving mood. French President Emmanuel Macron said on Friday that the European Commission’s current proposal was not ‘realistic’ and that the Brussels-based body was asking too much. Similar comments have come from Berlin.’