A financing package of the same amount had already been approved at the end of February. According to the announcement, the money will be used to finance protective equipment, first aid kits and fuel, as well as weapons for defense purposes.
“As Russia prepares for an offensive in eastern Ukraine, it is crucial that we continue and step up our military support to Ukraine to defend its territory and people and prevent further suffering,” EU foreign policy chief Josep said Borrell and thus puts the arms deliveries before the sanctions.
The money mobilized for the arms deliveries is coming from the European Peace Facility. This is the EU’s new financing instrument, which can also be used to strengthen armed forces in partner countries. In total, this peace facility is endowed with five billion euros until 2027.
