European Commissioner for Budget and Administration Johannes Hahn attends a news conference on a plan to provide regular financial support to Ukraine, in Brussels, Belgium, November 9, 2022. REUTERS/Yves Herman/File Photo
BRUSSELS (Reuters) - European Union leaders are likely to reach a deal on 50 billion euros ($54 billion) for Ukraine this week because it is to come in a package with other cash that Hungary, which threatened to block it, will benefit from, EU Budget Commissioner Johannes Hahn said.
The EU wants to revise its budget until 2027 to add 33 billion euros in loans and 17 billion in grants for Kyiv so that Ukraine, which is fighting off a Russian invasion, has certainty of financing to keep the state running.
