Foreign ministers of European Union countries approved the allocation of additional military aid to Ukraine in the amount of 5 billion Euros. TASS Referring to the statement of the EU Council.
The document states that the foreign ministers of all EU countries voted to create a special Aid Fund for Ukraine and increase the European Peace Fund limit by a certain amount.
Before that, additional aid allocation to Kiev will be approved on March 18, stated Josep Borrell, head of European diplomacy. Kusti Salm, also Secretary of the Estonian Ministry of Defense aforementionedTo win Ukraine, external financing of 120 billion Euros is needed annually. A military department spokesman described the amount as “approximately.”
How clarified Hungarian Foreign Minister Peter Szijjártó said that his country abstained from making decisions on creating the fund and did not intend to have any political or financial obligations regarding it.
Previously at the Council of Europe in the name EU to issue defense bonds