some EU diplomats. The future fund, worth 20 billion euros, is to compensate member states for the costs of purchasing and transporting ammunition, rockets and tanks for . These funds would also finance the training of Ukrainian military personnel.
The European Union is preparing a new fund that will make it easier to support Ukraine
While it already provides similar assistance to Ukraine through the European Peace Facility, it is delivered in tranches that can be blocked by individual Member States. In addition, the funds from the fund are quickly depleted. Recently, the Community increased its limit by EUR 3.5 billion to EUR 12 billion. The new fund, instead of transferring money on behalf of the entire EU, which requires the consent of the member states, would reimburse the purchase costs incurred by individual countries, which would speed up the procedures.
EU foreign ministers will consider a new proposal for financing Ukraine by EU countries during a meeting in Brussels on Thursday. The aim is to adopt this proposal by the autumn. The fund would be in force for four years, and Ukraine could receive €5 billion a year from it. Let us recall that at the end of June, the head of EU diplomacy, Josep Borrell, proposed planning EU military support for Ukraine as a long-term project aimed at strategically strengthening its defense capabilities.
NATO transfers another weapon to Ukraine
It was decided that they would transfer arms and ammunition worth EUR 700 million to Ukraine. As part of the new arms package, Germany has committed to handing over to Poland’s neighbor 25 Leopard 1 tanks, two Patriot launchers, 40 Marder combat vehicles, five armored vehicles and 20,000. artillery shells, 5 thousand. smoke ammo.
In turn, during the Vilnius summit, it announced its decision to provide Ukraine with 70 combat and logistics vehicles and several thousand rounds of ammunition for Challenger 2 tanks. Ukraine will also receive CVRT vehicles for reconnaissance. London will also allocate £50m for truly military equipment. As part of the aid pact, a rehabilitation center will also be established, where the most severely wounded Ukrainian soldiers will receive help.
Source: Gazeta
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