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A portion (€10.6bn) of the €50bn plan for Ukraine approved by EU leaders meeting for a special summit today (1 February) will be funded by reassigning money from other financial envelopes of the bloc’s long-term budget to reduce the impact on national budgets. “I’m very satisfied that we got 80% of the funding we asked for. We had certainly some difficult choices to make, but we have a very good result,” Commission chief Ursula von der Leyen told a press conference after the meeting. In the context of this redeployment, €1bn will be shaved from the unprecedented €5.3bn funding line adopted for…

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