The member states of the European Union approved providing an additional 5 billion to Ukraine, which will be given in the context of military support. The EU High Representative, Josep Borrell, expressed his satisfaction with this decision. “The EU keeps its commitments. The Ukraine Aid Fund turns our words into action. With the fund, we will continue to support Ukraine to defend itself against Russia's war of aggression with whatever it takes and for as long as it takes,” he said. Specifically, the EU Council decided to increase the financial ceiling of the European Peace Fund (EPF) by 5 billion euros for Ukraine, establishing a special Ukraine Aid Fund (UAF) within the EPF. The newly established Assistance Fund for Ukraine will allow the EU to further support the evolving needs of the Ukrainian Armed Forces through the provision of lethal and non-lethal military equipment and training. This Fund complements the bilateral efforts of its member states […]
Source: News Beast
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