The European Union's Foreign ministers, meeting in Brussels on Monday, July 18, gave the green light to a 5th tranche of 500 million to finance the purchase of armaments supplied to Ukraine, indicated the President of the Council Charles Michel on Twitter. This amount brings the total to 2.5 billion euros, from the European Peace Facility (EPF), a fund established last year and currently capped at 5.7 billion euros. for the period 2021-2027.
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(Picture source: Ukrinform)
Last 24 May, the European Council adopted two assistance measures under the European Peace Facility (EPF) that will allow the EU to further support the capabilities and resilience of the Ukrainian Armed Forces to defend the territorial integrity and sovereignty of the country, and protect the civilian population against the ongoing Russian military aggression.
After having adopted three tranches of support totaling 1.5 billion this year, a fourth tranche will add €500 million to the resources already mobilized under the EPF for Ukraine, thereby bringing the total amount to €2 billion.
The scope of the equipment to be provided in the new support package is in line with the current priorities as expressed by the Ukrainian government. In this light, the assistance measures consist of €490 million for military equipment designed to deliver lethal force for defensive purposes, as well as €10 million intended to cover the provision of equipment and supplies, such as personal protective equipment, first aid kits, and fuel. Previous assistance measures were agreed on 28 February, 23 March and 13 April 2022.
