Ursula von der Leyen's announcement of her dedication to strike a €45billion (£38billion) take care of Latin American nations has sparked fury in Europe.

Leaders of the Brussels bloc are assembly with their Latin American counterparts this week to strike a much-anticipated deal between the 2 blocs.

But because the EU Commission vowed its dedication to the settlement, critics within the EU have identified the whopping €45billion (£38billion) pledge would come as a slap within the face for EU taxpayers.

In a notice despatched to Express.co.uk, Italian MEP Alessandro Panza mentioned: “I learned today from Ursula Von der Leyen's announcements of the EU's intention to invest 45 billion in Latin America. This is undoubtedly excellent news, for Latin America of course. We would like to know where the European Commission intends to get this money to build, among other things, a subway line in Colombia or guarantee universal access to energy in Panama, naturally as well as from the pockets of Italian and European taxpayers.

"I am sure that they are all worthy works, which must certainly be supported, but since on more than one occasion we have come up against a lack of funds for the territories, it is legitimate to ask whether these are the priorities for the EU: really not Is there any country or region in Europe that needs more urgently those resources, the fruit of our money?”

Amidst the tireless efforts of ambassadors working by way of the evening and into the early hours of Tuesday morning, reaching consensus on even the mildest condemnatory statements relating to Russia's invasion of Ukraine proved to be a challenging undertaking. The inclusion of certain Central and South American nations, such as Cuba, Venezuela, and Nicaragua, expressing reservations further fuelled contentious deliberations.

Amidst the mounting frustrations, Luxembourg Prime Minister Xavier Bettel expressed exasperation, stating: “It would be a shame that we are not able to say that there is Russian aggression in Ukraine. It’s a fact. And I’m not here to rewrite history."

Taking a good bolder stance, Irish Prime Minister Leo Varadkar burdened the importance of significant language.

He mentioned: "Sometimes it’s better to have no conclusions at all than to have language that doesn’t mean anything."

The eagerly awaited summit, which happened eight years after its predecessor, quickly descended right into a impasse over the query of which aspect would yield first relating to a difficulty that had already garnered overwhelming help from the vast majority of the 60 taking part nations in varied votes held on the United Nations and different worldwide establishments.

While the 27-member EU aimed to focus the summit on forging new financial initiatives and fostering nearer cooperation to counter the rising affect of China within the area, a number of leaders from the 33-nation Community of Latin American and Caribbean States (CELAC) resurrected age-old grievances regarding colonialism and slavery, injecting a historic dimension into the standoff.

Highlighting the persisting disparities, Prime Minister Ralph Gonsalves of St. Vincent and the Grenadines, who at present holds the CELAC presidency, asserted, “Most of Europe was, and nonetheless is, overwhelmingly the lopsided beneficiary in a relationship during which our Latin America, and our Caribbean, have been and are unequally yoked."