Outcome of the special European Council meeting of 1 February 2024
Briefing
02-02-2024
EU leaders reached a swift and unanimous decision on the long-term EU budget at the special European Council meeting of 1 February, sending a strong and united message on the EU's continued support for Ukraine. Altogether, the European Council agreed to reinforce new priorities by €64.6 billion in a revised EU multiannual financial framework (MFF). Next to the MFF, leaders discussed the EU's military support to Ukraine, calling on the Council to agree to a European Peace Facility top-up by March 2024, and welcomed the agreement on the use of profits from frozen Russian assets to support the reconstruction of Ukraine. Leaders also discussed the situation in the Middle East, but again no conclusions were issued.
Briefing