The European Union (EU) is prepared to provide Ukraine with €50 billion ($53.4 billion) in aid, even if Hungary continues to veto it, as per sources within the EU, reported by Reuters on Friday. The European Commission has put forth a proposal to offer Ukraine additional grants and loans to assist in its ongoing conflict with Russia. However, this proposal faced vetoes from Hungary and Slovakia... 

Cypriot women hold a protest outside the parliament, which was to debate a 10-billion-euro EU bailout, in the capital Nicosia on April 30, 2013. The European Union has handed over the first installment of a 10-billion-euro bailout to Cyprus as part of the aid package agreed earlier this year. The bloc’s European Stability Mechanism said in a statement on Monday that Cyprus received two billion...