The European Council announced the allocation of 1 billion euros to compensate for the cost of ammunition that the EU countries will provide to Ukraine.
"With today's decision, we operationalise the first part of the historic agreement reached by EU leaders to support the immediate delivery of €1 billion worth of artillery ammunition for the Ukrainian armed forces. There is no better demonstration of the EU's united resolve and determination to continue supporting Ukraine's legitimate right of self-defence against the brutal Russian aggressor,' Josep Borrell.
This decision puts into effect the first stage of the European Council's 3-pronged agreement, which aims to accelerate the procurement and supply of ammunition for Ukraine.
"In the face of Russia's war of aggression, the European Union is unwavering in its support for Ukraine's independence, sovereignty and territorial integrity within its internationally recognised borders and its inherent right of self-defenсe against the Russian aggression," the EU Council.
Since the beginning of Russia's full-scale attack on Ukraine, EPF has allocated funds to Ukraine 7 times: 2002 — February 28, March 23, April 13, May 23, July 21, October 17, and February 2/2023. The total aid during this time amounted to €4.6 billion.
