EU offers to create a “special” €20 billion account for military aid for Ukraine
Pravda Ukraine
Foreign Affairs ministers of EU countries have discussed the possibility of creating a separate arm of the European Peace Facility to meet Ukraine’s long-term defence needs.
Source: Josep Borrell, High Representative of the European Union for Foreign Affairs and Security Policy, quoted by European Pravda
Details: Borrell said that the EU proposed creating a new arm of the European Peace Facility to allocate up to €5 billion a year for Ukraine’s defence needs in the next four years.