SpaceWar.com - Your World At War
EU adds 3.5 billion euros to Ukraine weapons fund
Brussels, June 21 (AFP) Jun 21, 2023
The EU on Wednesday agreed to add 3.5 billion euros ($3.8 billion) to a fund used to pay for weapons for Ukraine, as the bloc looks to keep up support for Kyiv.

Sweden, which holds the EU's rotating presidency, said the green light had been given to bolster the European Peace Facility at a meeting in Brussels.

The EU's 27 countries have already burnt through some 5.5 billion euros of the joint fund -- set up in 2021 to support partner countries around the globe -- to help arm Ukraine.

That includes 3.6 billion euros to reimburse EU member states for weapons they supply to Ukraine and 2 billion euros dedicated to a programme to send ammunition to Kyiv.

EU leaders already topped up the fund, which is meant to run to 2027, by 2 billion euros late last year and gave their agreement in principle for adding the latest 3.5 billion.

Some EU nations have pushed to raise the limit to ensure that there is enough money to keep aiding militaries in partner countries in Africa and other regions.

Overall, Brussels says that some 15 billion euros have been provided by EU member states and the bloc's joint fund to arm Ukraine since Russia's all-out invasion.

The EU is also training thousands of Ukrainian troops and announced in February that 30,000 soldiers should be trained by the end of this year.


ADVERTISEMENT




Space News from SpaceDaily.com
SPHEREx completes first full sky infrared map of the cosmos
CoDICE instrument returns first-light particle data for IMAP mission
Top 5 High Volatility Games For 2026 Chase The Biggest Jackpots Today

24/7 Energy News Coverage
The Quantum Age will be Powered by Fusion
Physicists map axion production paths inside deuterium tritium fusion reactors
Hybrid excitons speed ultrafast energy transfer at 2D organic interface

Military Space News, Nuclear Weapons, Missile Defense
SDA expands Tracking Layer satellite awards and related missile defense contracts
Space Systems Command activates System Delta 80 for assured space access
Rheinmetall ICEYE Space Solutions to provide SAR reconnaissance data to German military

24/7 News Coverage
Philosopher argues AI consciousness may remain unknowable
Climate driven model explores Neanderthal and modern human overlap in Iberia
Economic losses from natural disasters down by a third in 2025: Swiss Re



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.