{"id":3497,"date":"2025-03-07T12:00:55","date_gmt":"2025-03-07T12:00:55","guid":{"rendered":"https:\/\/www.euro-tv.ro\/news\/eu-members-pledge-16-billion-in-additional-support-for-ukraine-costa-says\/"},"modified":"2025-03-07T12:00:55","modified_gmt":"2025-03-07T12:00:55","slug":"eu-members-pledge-16-billion-in-additional-support-for-ukraine-costa-says","status":"publish","type":"post","link":"https:\/\/www.euro-tv.ro\/news\/eu-members-pledge-16-billion-in-additional-support-for-ukraine-costa-says\/","title":{"rendered":"EU members pledge $16 billion in additional support for Ukraine, Costa says"},"content":{"rendered":"
\"EU<\/p>\n

Several EU members have pledged to provide up to 15 billion euros ($16.3 billion) in additional aid for Ukraine, European Council President Antonio Costa said at a summit on March 6.<\/p>\n

EU leaders<\/a> met in Brussels<\/a> to discuss plans for boosting Europe’s defense capabilities and support for Ukraine<\/a> amid the seismic foreign policy shifts in the U.S. Ukraine’s President Volodmyr Zelensky also took part in the meeting.<\/p>\n

The summit concluded without additional EU aid packages for Ukraine as the discussed 20-billion-euro tranche ($22 billion) was dropped from the final declaration. Kyiv needs more support now than ever, as the Trump administration has frozen all military assistance<\/a> flowing to the country.<\/p>\n

As any EU-wide assistance package is under threat of being blocked by Hungary’s Moscow-friendly leader, Viktor Orban, top EU officials suggested that further aid should be provided through a “coalition of the willing.”<\/p>\n

“Immediately, member states can increase their support thanks to the increased fiscal space,” Costa said at a press conference<\/a> in Brussels. During the summit, EU leaders unanimously agreed on a new defense initiative that could mobilize up to 800 billion euros<\/a> ($867 billion) through loans and loosening fiscal rules for government spending.<\/p>\n

“Several member states have already announced their pledges up to 15 billion euros. Today, we have also tasked the Council to work urgently on further initiatives to address Ukraine\u2019s pressing military and defense needs,” Costa said, without naming the countries.<\/p>\n

“This is a tipping point for Europe. And today, we have shown that the European Union is rising to the challenge,” the European Council president said.<\/p>\n

<\/p>\n
\n
Regardless of Trump\u2019s Ukraine peace deal, war with West is \u2018foundational to Putin\u2019s rule,\u2019 experts say<\/div>\n
With every day of the new White House administration that passes, the chances of Russia being brought in from the cold on the international stage after its full-scale invasion of Ukraine appear to be increasing. U.S. President Donald Trump\u2019s ongoing Kremlin charm campaign has seen Ukraine and Europ\u2026<\/div>\n
\"EUThe Kyiv Independent<\/span>Kollen Post<\/span><\/div>\n<\/div>\n
\"EU<\/div>\n

<\/a><\/figure>\n<\/div>\n

– https:\/\/kyivindependent.com\/tag\/ukraine\/rss\/<\/p>\n

This article appeared on the websitekyivindependent.com
\nThis article is taken based on Law no. 8\/1996 of Romania. News does not enjoy copyright, so they can be taken, this is our right to take news and information in its entirety and distribute them further. The content was made available to us through the rss mechanism
\nOriginal Content<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Several EU members have pledged to provide up to 15 billion euros ($16.3 billion) in additional aid for Ukraine, European Council President Antonio Costa said at a summit on March 6. 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