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Europe’s new Marshall Plan: making a bet on Ukraine

EU Confidential

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The Commission's Proposal for 66 Billion Euros for Ukraine

On Tuesday the Commission went head-in-hand to member states asking for 66 more billion. The money is meant to do three things, help balance Ukraine's budget through 2027 and kick-start reconstruction of its urgent needs. But it does have some challenges, so you need unanimity to pass a budget update. So all 27 countries need to agree.

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