Smart Take | Europe Comes Through on Aid for Ukraine

Video Transcript

• Europe Comes Through on Aid for Ukraine

  This transcript has been lightly edited for clarity.

  Ursula von der Leyen expressed the hope that this would also show the United States that Europe is in fact supporting Ukraine. They are investing in Ukraine as well and this funding is important because it is helping Ukraine to support its government operations, which are critical during this wartime period. So this is a message also saying, right, we are investing and we are investing in Ukraine. And these investments will not only keep Ukraine's government running, but they will also be investments in the reforms that are necessary for Ukraine to adapt itself to the European Union in the future. 

  They're also sending a message to Putin and saying, right, we are showing you that we are standing with Ukraine, we are putting our money toward helping Ukraine. This is a four year commitment. So we are standing with Ukraine. If you think that we are not and if you think we are not united, think again.

   This month, Viktor Orban went to Brussels, but he did not get the same kind of deal that he got in December. In fact, a lot of the European leaders met with him, talked to him about how they saw this. And he is not coming away with the same kind of gains. On the other hand, the decision does note the need for fairness and proportionality by the EU in looking at the kind of decisions that it's made with Hungary and the rule of law. The other thing that they put into this decision was the opportunity to review how Ukraine is spending this money over the next four years, and they will do that. But that is in no way allowing for a veto of this money. It is simply an examination of how it's being spent.