EU rows threaten Ukraine’s $54 billion

ER Editor: This is a useful little piece by RT, taken from the Financial Times, for indicating the current strains and tensions within the EU. Fortunately, it’s all a bit of a s**tshow.

  • The EU’s long-term budget has to be thrashed out during this month
  • Germany is in a budgetary mess because unused monies (a cool 60 bn euros) for the Covid plandemic can’t be used for climate policies as per a court ruling. It seems to be too distracted to get involved with current budgetary discussions. EH?
  • The newly elected Dutch government under Wilders doesn’t agree with any kind of economic or military aid to Ukraine (nor with anti-Russia sanctions)
  • Orban isn’t going along with any humungous EU aid package to Ukraine, where a unanimous vote among member states is still required to approve such major policy moves. He’s also proposing signing a 5 to 10 year ‘strategic partnership agreement’ with Ukraine instead of talking about EU accession. Likely impossible.

Here’s the latest we put out on Orban’s blocking effect on the EU —

Orban has EU diplomats and leaders panicking


EU rows threaten Ukraine’s $54 billion – FT

Compromise within the bloc is reportedly hampered by the rise of far-right parties in Europe and the financial crisis in Germany


Disputes over the EU’s joint budget could leave Ukraine without €50 billion ($54.3 bln) promised by the bloc, the Financial Times reported on Sunday. Agreement is being hampered by the far-right’s win in Dutch elections last month and a budget crisis in Germany resulting from a court ruling over unused pandemic funds, the newspaper said.

EU rows threaten Ukraine’s $54 billion – FT

Ahead of a summit in Brussels in less than two weeks, at which the EU’s long-term budget as well as support for Ukraine will be discussed, the bloc’s 27 states are “far from reaching a deal,” the FT said, citing unnamed officials.

One source from among EU representatives said “it is a moment of truth,” pointing out that “if you say you stand by Ukraine, you have to step up to the plate.” At the same time, another official reportedly said that agreement on the bloc’s budget would be “very, very difficult.”

On Thursday, the EU’s budget commissioner, Johannes Hahn, said that Germany is currently so distracted by their domestic issues that they don’t find time to deal with [EU budget issues].” (ER: Which sounds entirely implausible.) A few days earlier, however, German Chancellor Olaf Scholz had said “we must not let up in our support for Ukraine,” even as his country faces an energy crisis.

Dutch elections last month ended in an unexpected win for the far-right Freedom Party (PVV), which, among other things, calls for a halt in military and financial support for Ukraine, and doesn’t support EU sanctions on Russia.

On Friday, Hungarian Prime Minister Viktor Orban, who has repeatedly called for a ceasefire and peace talks in Ukraine, said the EU should first sign a five-to-ten-year strategic partnership agreement with Kiev instead of starting membership talks. Earlier, he blocked a €50-billion EU aid package for Ukraine, saying the bloc’s strategy on the conflict had “failed.”

Hungary’s position on Kiev’s requirements from the EU could spark a “political crisis” at the December 14 summit in Brussels, Politico reported last week.

Since the beginning of June, Ukraine has been waging a counteroffensive against Russia, but has yet to achieve any significant results. According to the head of the Russian Defense Ministry, Sergey Shoigu, as of early December, Kiev has lost more than 125,000 service personnel and 16,000 units of heavy weaponry.

During an extraordinary G20 summit last month, Russian President Vladimir Putin said that Moscow has never refused peace talks with Kiev.



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