Ukraine demands more weapons for the fight against the attackers from Russia. The EU now wants to dig deep into its pockets again.
The EU wants to provide another 500 million euros for the supply of weapons and equipment to the Ukrainian armed forces.
This was announced by EU foreign policy chief Josep Borrell on Friday on the sidelines of the G7 foreign ministers’ meeting near Weißenhäuser Strand on the Baltic Sea. This would increase the EU funds available for military aid to Ukraine to two billion euros.
A first package of 500 million euros had already been approved at the end of February, and two more followed in the next few months. According to EU information, the money will be used to finance personal protective equipment, fuel, but also weapons for defense. With the additional 500 million euros, a new impetus should now be given, said Borrell on Friday. The money should be spent on heavy weapons.
Peace facility with around five billion euros
The funds for the military aid come from the so-called European Peace Facility. It is a new EU financing instrument that can also be used to strengthen the capabilities of armed forces in partner countries. For the period from 2021 to 2027, the peace facility is endowed with around five billion euros. According to Defense Minister Christine Lambrecht (SPD), Germany finances around a quarter of the EU support.
Russia accuses the West of exacerbating the conflict by supplying arms to Ukraine. “We see how dangerous our Western colleagues, including the European Union, are now acting,” Foreign Minister Sergey Lavrov said recently.
The foreign ministers of the G7 countries are still discussing the war in Eastern Europe and topics such as the corona pandemic in a luxury hotel near Weissenhäuser Strand on the Baltic Sea until Saturday. Germany currently chairs the group, which includes Germany, the NATO states USA, Canada, France, Great Britain, Italy and Japan.
Source: Stern
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