Kaja Kallas' €40-billion plan for Ukraine flounders at EU summit

euronews (in English)

Kaja Kallas' €40-billion plan for Ukraine flounders at EU summit  After a summit in Brussels, EU leaders did not endorse the target to mobilise €5 billion to procure 2 million ammunition rounds for Ukraine.  READ MORE : http://www.euronews.com/2025/03/21/kaja-kallas-40-billion-plan-for-ukraine-flounders-at-eu-summit  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

Transcript

00:00A major plan by EU foreign policy chief Kayakallis to send urgent military aid of up to 40 billion

00:07euros to Ukraine failed to get off the ground at an EU summit in Brussels.

00:12The plan includes sending 5 billion euros on 2 million rounds of ammunition as well

00:17as air defence systems, missiles, drones and fighter jets.

00:20But President of the European Council Antonio Costa said Ukraine will be funded for 2025

00:26due to among other things the Commission's rearm plan adopted weeks prior.

00:56Also on the agenda was Europe's need to boost competitiveness and innovation amid

01:17sluggish growth at the spectre of a trade war triggered by US President Donald Trump's

01:21tariff announcements.

01:23Earlier on, the EU said it was delaying until mid-April retaliatory tariffs against sector-specific

01:29targets in the US.

01:30EU Commission President Ursula von der Leyen said the decision was made to allow for more

01:34negotiations with the White House.

01:37We are in principle opposed to tariffs.

01:40We think that tariffs are bad.

01:42They are like taxes.

01:44They are bad for consumers.

01:46They are bad for business on both sides of the Atlantic without any question.

01:52We are in active discussion with the US administration on this issue and I can confirm that we decided

01:59to adjust the timing of the entry into force of tariffs.

02:04The impact of our response does not change.

02:08EU leaders also said they deplored the resumption of violence in Gaza where over 500 people

02:12have been killed by Israeli airstrikes, many of whom were children.

02:16They called for the ceasefire to be put back on track, for the hostages to be released

02:20without condition and for humanitarian aid to be allowed back into the enclave.

02:25Shona Murray, Euronews, Brussels.

Category

Transcript

Recommended