EU strikes $105 billion deal to back Ukraine

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EU strikes $105 billion deal to back Ukraine

EU leaders announced a multi-billion dollar funding plan for Ukraine’s economy and military for the next two years – with the package funded by borrowing cash, rather than tapping into frozen Russian assets held in the bloc.

The deal, struck early Friday, offered a lifeline to Ukraine, which was rapidly running out of money.

0:00 Report from Brussels on the EU’s funding deal with Ukraine
2:05 European affairs commentator reacts to the deal
7:29 Reporter details the EU deal and Vladimir Putin’s press conference

#EU #Ukraine #News

Date: December 19, 2025