HomeWorldThe EU will create...

The EU will create a military fund to help Ukraine – Borrell

Photo: Joseph Borrell/X

The creation of a new fund became urgent because the EU failed to meet its promise to provide Ukraine with 1 million artillery shells by March.

The European Union is planning to create a military fund to help Ukraine within the framework of the European Peace Fund. About this Saturday, February 3, stated EU diplomacy chief Josep Borrell after an informal meeting of EU foreign ministers.

“Today there was an important discussion about military aid for Ukraine. We discussed the situation on the battlefield, the situation with military supplies, the creation of an aid fund for Ukraine, which, I hope, will agreed within the next few days within the framework of the European Peace Fund,” said the diplomat.

Borrell added that the EU maintains a tough position regarding support for Ukraine.

“Ukraine needs more and faster support. This help must come now. The success of Ukraine is critical not only for Ukraine, but also for peace and stability in Europe,” stressed he emphasized.

It should be noted that the initiator of the creation of the military support fund for Ukraine was Borrell. He proposed that the EU create it within the framework of the existing European Peace Fund at a cost of 20 billion euros over the next four years. Money from this fund will be spent on the purchase and supply of military equipment and weapons to Ukraine, as well as to strengthen the defense industry in Europe.

Earlier, European Commissioner Thierry Breton said that the EU has significantly increased the production of ammunition and will increase this capacity to 1 million ammunition per year in March and to 2 million in 2025.

Kuleba reacted to the EU’s delay with shells

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Germany and the UK have completed a new agreement on one hundred after Brexit

The German Chancellor Friedrich Merza arrived in London with his first official visit: there, along with the Prime Minister of Great Britain, Cyrus, the old man, he concluded a 27-page agreement aimed at covering two countries after leaving the Britain from the EU. .in_text_content_22...

Budapest Eskaliruet: Orban announced the opposite provocation in motion and thickened three

Hungarian leader Viktor Orban said that in transcarpathy they set fire to the church and left the inscription “Magyars on the knife” on it. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...