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EU agrees to release €6.6 billion linked to Ukraine military aid
BRUSSELS: European Union member countries have agreed a deal to release €6.6 billion ($7.5 billion) in EU funds linked to military aid for Ukraine, EU foreign policy chief Kaja Kallas said on Friday. The money will come from the European Peace Facility, a fund used by EU members to finance military aid to countries outside the bloc. It also refunds EU governments for military aid they have provided. Of the released funds, €900 million will go to the EU’s military assistance mission for Ukraine and €1 billion will fund new joint procurement of equipment, Kallas said in a post on X. She added th...
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