Belgium Hails EU Victory: Ukraine Secures €90 Billion Lifeline, Chaos Averted

Ukraine War Update: Belgium and EU leaders have avoided chaos and division by approving a €90 billion funding package for Ukraine, Belgian Prime Minister Bart De Wever said on December 19. The decision provides urgent, reliable financing for Kyiv without using frozen Russian assets. De Wever praised Europe’s unity, calling the deal a win for Ukraine, financial stability, and Europe’s credibility on the global stage. He emphasized that the funds will help repair the damage caused by Russia’s unprovoked war.

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00:01Good evening, ladies and gentlemen. I'll start in English this time.

00:05Today, everybody can leave this meeting room victoriously.

00:10I think Ukraine has won.

00:12It received the urgent, predictable and reliable financing it needs for the next two years

00:17based on an EU borrowing on the capital markets backed by the EU budget headroom.

00:22This is not a fragile construct.

00:25This is a stable, legally robust and financially credible European solution.

00:35I think Europe has won and financial stability has certainly won.

00:44We avoided chaos, we avoided division, Europe stayed united

00:49and unity today means that Europe remains relevant at the geopolitical table.

00:55Fragmentation would have meant weakness and irrelevance and we avoided that.

00:59We protected Europe's economic and financial credibility.

01:02The immobilized assets will be kept immobilized and will ultimately be used to repair the damage

01:16Russia has caused through its unprovoked and unjustified war against Ukraine.

01:21I think nobody in the European family wants to see that money return to Moscow,

01:26but we are going to return to the original philosophy.

01:29It is going to be used to repair the damage that Russia has caused in Ukraine.

01:35Included was uncapped guarantees, which is something that you were looking after.

01:40Let me be very clear about what was at stake.

01:43If Europe had walked away today without an agreement, we would not only have failed Ukraine,

01:50we would have failed ourselves.

01:52This is a brutal war, it is a war on our own continent.

01:55A democratic nation is fighting for its survival and the security architecture of Europe is at stake here.

02:02Had we left Brussels divided today, Europe would have walked away from geopolitical relevance.

02:08It would have been a total disaster.

02:10And we would have sent a message to the world that Europe can no longer deliver anything.

02:15I just mentioned that he wants to talk about it in January already.

02:18I don't think this is realistic.

02:20You have to know it could be your time.

02:24It was a joke, eh?

02:26So if you write this, you must add love.

03:07Thank you very much.

03:11.

Belgium Hails EU Victory: Ukraine Secures €90 Billion Lifeline, Chaos Averted | APT

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