On Thursday 1 February, the heads of state or government of the European Union reached unanimous agreement on a revision of the 2021-2027 Multiannual Financial Framework (MFF).
The EU27 confirmed that the EU budget extension will include macro-financial aid for Ukraine to the tune of €50 billion (€17 billion in grants and €33 billion in loans), despite concerns of renewed opposition from Hungarian Prime Minister Viktor Orbán (see EUROPE B13314A2).
Up until the eve of the summit,...