Russia’s war on Ukraine: The EU’s financing of military assistance to Ukraine

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Series Details PE 729.301
Publication Date March 2022
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Summary:

In an unprecedented and unanimous reaction to the Russian war on Ukraine that began on 24 February 2022, the EU swiftly decided to provide €500 million from the European Peace Facility to fund and coordinate EU military assistance and to deliver military (including lethal) equipment to Ukraine. The Council had already adopted an assistance measure of €31 million for non-lethal assistance to Ukraine on 2 December 2021. For the first time in its history, the EU is now using a dedicated, although off-budget, tool to finance – but not to deliver, with that responsibility falling on Member States alone – lethal military equipment for a third country.

Source Link https://www.europarl.europa.eu/thinktank/en/document/EPRS_ATA(2022)729301
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  • https://www.europarl.europa.eu/RegData/etudes/ATAG/2022/729301/EPRS_ATA(2022)729301_EN.pdf
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