Breaking News
Donald Trump's War and the Loss of American Liberty
Trump warns of 'very bad future' for Nato if his call for warships to police Strait of Hormu
White House Denies Tucker Carlson CIA Spy-Op
What COVID Policy Did To Doctors Who Refused To Stay Silent
Top Tech News
Musk Whips Out 'Macrohard' In Disruptive Tesla-xAI Bid To Shaft Software Companies
This Bonkers Folding X-Plane Is One Step Closer to Hitting the Skies
Smart 2-in-1 digital microscope goes desktop or handheld as needed
Human Brain Cells Merge With Silica To Play DOOM
Will Yann LeCun Provide The Next Breakthrough In AI?
Human Brain Cells Merge With Silica To Play DOOM
Solar And Storage Could Reshape Rural Electricity Markets
With World Seemingly At War, DARPA Finds Time To Unveil The X-76
Renewable Water From Air.
The world's first diesel plug-in hybrid pickup truck is here
Brussels Approves €4.2 Billion to Ukraine in First Installment of €50 Billion Aid Package
European Union governments on Tuesday approved the first regular payment to Ukraine of €4.2 billion of the €50 billion the EU has set aside for financial assistance to Kyiv, the EU Council confirmed.
The money will be given to Ukraine in the form of grants and loans once the conditions for disbursement have been met.
These included reforms in public finance management, management of state-owned enterprises, the business environment, energy, and de-mining.
The €50 billion fund for 2024-2027 was agreed by EU governments in March. Ukraine has so far received €6 billion in bridge financing and €1.9 billion in pre-financing.
Even with the latest batch of EU aid to Ukraine, there is no indication yet as to which countries would be willing to contribute to funding Ukraine's eventual reconstruction, the cost of which is estimated at a minimum of €1 trillion, with some saying the amount could easily be twice as high.