The EU Council approved the allocation of 1 billion euros for the purchase of ammunition for Ukraine
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The European Council finally approved the allocation of 1 billion euros for the purchase of ammunition for Ukraine within the framework of the European Peace Fund. This was reported by the press service of the European Council.
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Ukraine will be provided with artillery shells of 155 mm caliber and, upon request, rockets. They will be jointly purchased by EU member states.
“Together with the preliminary decision on the rapid provision of ammunition from existing stocks, we are allocating 2 billion euros for this purpose, bringing the EU’s total military support to Ukraine to 5.6 billion euros,” said EU Foreign Minister Josep Borrell.
It is noted that this measure will facilitate the joint procurement of ammunition and missiles from companies established in the EU or Norway, as well as the production of these ammunition and missiles.
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Source: Ministry of Finance
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