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EU Foreign Policy Chief Hopes Bloc Can Agree On Next Tranche Of Aid To Ukraine

Updated

European Council President Charles Michel during a visit to Kyiv on January 19.
European Council President Charles Michel during a visit to Kyiv on January 19.

The EU's foreign policy chief, Josep Borrell, said he hopes member states would be able to approve another 500 million euro ($545.00 million) tranche in aid money for Ukraine during a foreign ministers' meeting on January 23. Borrell said he was hopeful EU members would reach an agreement on the funds, which are part of the European Peace Facility. Meanwhile, European Council President Charles Michel called on EU governments to push forward with consultations on using $300 billion worth of confiscated Russian central bank assets for the reconstruction of Ukraine, the Financial Times reported. To read the original Reuters story, click here.

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