EU allocates another EUR 2B for military aid to Ukraine

EU allocates another EUR 2B for military aid to Ukraine

Ukrinform
The European Union has increased by EUR 2 billion the budget of the European Peace Fund, which has been financing defense assistance to Ukraine.

That’s according to a tweet by the Swedish Presidency of the Council of the EU.

“Today, EU Ambassadors approved an additional €2 billion to the European Peace Facility. This decision sends a clear signal of the EU’s enduring commitment to military support for Ukraine and other partners,” the tweet reads.

Read also: Germany hands Ukraine two more Gepard self-propelled guns with ammo

It was earlier reported that the EU defense ministers agreed to the proposal to provide Ukraine with immediate military aid, in particular, supply 155 mm and 152 mm artillery shells within weeks, while EUR 1 billion will be allocated from the European Peace Fund as compensation.

As Ukrinform reported earlier, referring to Ukrainian Defense Minister Oleksii Reznikov, Ukraine hopes to receive as soon as possible air defense equipment and additional ammunition from its EU partners, in particular, a million 155 mm caliber shells, which will allow the nation to stop the Russian onslaught and plan a counteroffensive to liberate the occupied territories. 

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