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EU Agrees to Release €6.6B for Ukraine Weapons

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Story summary
  • EU member states agreed to release €6.6 billion for Ukraine.
  • €4.7 billion will reimburse members for aid already given to Ukraine.
  • €1 billion will finance a new joint procurement of weapons for Ukraine.
  • Hungary lifted its veto after Peter Magyar replaced Viktor Orbán in April.
  • Defense ministers will decide the final allocation at the EU Council on Monday.