The center-right European People’s Party, the center-left Socialists and Democrats, and the liberal Renew Europe decided to expedite votes for the Commission to secure funds from the international debt market, supported by the EU’s long-term budget. With support from these three groups, the votes—covering EU budget changes and an existing Ukraine funding mechanism—are expected to gain the necessary majority to pass.
Without the loan, Ukraine was at risk of running out of funds by April, which would have severely impacted its war efforts amidst ongoing U.S.-led peace talks.
The votes were initially set for a special plenary session on February 24, commemorating the 4th anniversary of Russia’s full-scale invasion of Ukraine.













Leave a Reply