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Editorial: La Vanguardia

  • The European Council agreed on a plan to finance Ukraine with 90,000 million euros to avoid its bankruptcy, through a joint debt issue.
  • European leaders failed to reach agreement on using immobilized Russian assets to finance Ukraine.
  • The failure of the initial proposal has led to questions about the credibility of the European Union.
  • The final proposal was reached via 'reinforced cooperation' to navigate vetoes from Hungary, Slovakia, and the Czech Republic.
  • The deal is viewed as a victory for Putin and eurosceptics within the European Union.
  • On the other hand, the agreement provides critical financial support for Ukraine.

Conclusion: The event exposes growing cracks within the European Union and makes unanimity on supporting Ukraine more challenging, however, Ukraine's immediate financial need has been guaranteed.