EUR 1 billion for countries that will transfer ammunition from storage to Ukraine. The EU has decided

There is a final agreement on the issue of 1 billion euros for countries that will transfer ammunition from their warehouses to Ukraine. On Thursday, the procedures concerning the arrangements made last month were finalized, first by ministers and then by the leaders of the EU countries. The money will be given to those countries that will supply the Ukrainian Armed Forces with ammunition from existing stockpiles or under existing orders by the end of May. “There is no better proof of the European Union’s united determination and will to continue to support Ukraine’s right to self-defense against the brutal Russian invader,” said EU foreign policy chief Josep Borrell.

The European Peace Fund has been increased by €1 billion

The consent of the EU countries means that the European Peace Fund has been increased by EUR 1 billion and now amounts to EUR 4.6 billion. It is from these funds that compensations for countries that have been transferred to Ukraine have been financed for almost a year. Poland, for example, sent invoices to Brussels for over two billion euros. So far, two tranches have been awarded to Warsaw as part of the reimbursement of incurred costs. First it was 38 million euros, then 243 million. Now the EU countries have to make the final decision to increase the European Peace Fund by another billion euros for joint orders and purchases of ammunition for Ukraine. In this case, although there has already been political agreement, technical arrangements are being prolonged due to . Paris is insisting that the supplies it did not ask for be reimbursed and that it be possible to finance the supply of missiles. Some countries comment that this is succumbing to the lobbying of French defense companies.