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Thursday, March 21, 2024

EU countries reached a deal on a €5-billion package of military aid for Ukraine

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The European Union reached an agreement on Wednesday March 13, 2024 to add 5 billion euros to a fund aimed at financing the purchase of weapons for Ukraine.

After weeks of negotiations due to opposition from France and Germany, the 27 member countries of the European Union reached an agreement on Wednesday to add 5 billion euros to a fund aimed at financing the purchase of weapons for Ukraine , Agence France-Presse learned from an official source.

More than six billion euros under the European Peace Facility

The European Union has already spent more than six billion euros within the framework of its European Peace Facility, intended mainly to reimburse arms deliveries made by certain member states to Ukraine, specifies AFP .

Paris wanted to obtain guarantees on the “made in Europe” of weapons financed by European funds, and Germany had expressed its reluctance regarding this European mechanism, preferring bilateral aid.

In total, the EU and its member states have already allocated some €28 billion in military aid to Ukraine since Russia invaded the country on February 24, 2022.

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