EU Approves $54 Billion Aid Package for Ukraine

The European Union agreed to provide Ukraine with a $54 billion aid package to support the country's economy and future EU membership. The deal was sealed after Hungary dropped its veto, and the funding will be provided through loans and grants over a four-year period. The aid will help Ukraine stabilize its economy, rebuild, and address budget gaps, inflation, and public sector salaries and services. There was a previous delay in EU funding due to Hungary's veto, and the US Congress has also stalled on approving aid for Ukraine.