The EU Council Approved €3,5 Bln for Peace in Europe

by Meifan Honcharuk
Wednesday, June 21, 2023
1 MIN
The EU Council Approved €3,5 Bln for Peace in Europe

Swedish Presidency of the Council of the EU announced a tranche European Peace Facility

On June 21, Sweden, which currently heads the European Council, announced the decision of MEPs to strengthen the budget for ensuring peace in Europe.

"Today, the EU ambassadors approved an additional €3,5 billion (2018 prices) to the European Peace Facility. This decision reaffirms the EU's commitment to supporting its partners in the field of security and defence," Swedish Presidency of the Council of the EU.

Funds from this fund are also used for Ukraine. Earlier, Sweden announced the provision of military assistance to Ukraine, including training Ukrainian pilots on Gripen fighter jets.

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