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[Cyprus Times] EU gives another €500 million to support Ukraine's Armed Forces

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EU gives another €500 million to support Ukraine's Armed Forces The amount offered by Europe to Ukraine now amounts to €2 billion. "We have been doing it since the beginning of the war and we will continue until the end," said High Representative for Foreign Affairs and Security Policy Josep Borel

The Council of the EU announced today that it has approved the fourth tranche of 500 million. EUR 500 million, to further support the Ukrainian Armed Forces.

The EU has already approved three tranches of support totalling EUR 1.5 billion this year. The fourth tranche will add €500 million to the resources already mobilised under the European Peace Facility (EPF) for Ukraine, bringing the total to €2 billion. The aim is to further support the capabilities and resilience of the Ukrainian Armed Forces to defend the country's territorial integrity and sovereignty and protect civilians from the ongoing Russian military offensive.

Tomorrow's history is being written today, on the battlefields of Ukraine. With this €500 million, the EU has made a total of €2 billion available to support the procurement of military equipment by EU Member States to the Ukrainian Armed Forces. This support is only part of the European efforts to help Ukraine defend itself. The EU and its Member States are determined to continue. "We have been doing it since the beginning of the war and we will continue until the end," said High Representative for Foreign Affairs and Security Policy Josep Borel.

The scope of the equipment to be provided in the new support package is in line with current priorities as expressed by the Ukrainian government. In this light, the assistance measures consist of 490 million euros for military equipment designed to provide lethal force for defense purposes, as well as 10 million euros intended to cover the provision of equipment and supplies such as personal protective equipment, first aid kits, and fuel.

Source: Proto Thema


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