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The EU allocated another 500 million euros in military aid to Ukraine

2022-07-23 18:00:00, Kosova & Bota CNA
The EU allocated another 500 million euros in military aid to Ukraine
Illustrative photo

The European Union has approved another 500 million euros ($512 million) for the supply of weapons and equipment to Ukraine, the European Council said on July 22.

The President of the European Council, Charles Michel, announced earlier this week the EU's intention to provide the funds.

Almost all the money, 490 million euros, will be spent on weapons and ammunition.

While the remaining 10 million euros will go to protective equipment, fuel or first aid equipment.

The Council approved the first package of 500 million euros at the end of February and followed with the other three packages in March, April and May.

This one of July 22 is the fifth package from the EU, bringing the total amount to 2.5 billion euros.

The funds come from the European Peace Fund, a new EU funding instrument that can be used to strengthen the armed forces in partner countries.

According to the German Minister of Defense, Christine Lambrecht, Germany finances about a quarter of these expenses. REL





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