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The EU has allocated 5 billion euros for military support to Ukraine

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The EU has allocated 5 billion euros for military support to Ukraine

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The Council of EU Foreign Ministers has approved the allocation of 5 billion euros for military support to Ukraine.

The decision, made on March 18, was published on the website of the European Council.

The funds will be provided within the framework of the European Peace Facility (EPF).

"The EU is living up to its commitments. The Ukraine Assistance Fund turns our words into action. With the fund, we will continue to support Ukraine defend itself from Russia’s war of aggression with whatever it takes and for as long as we need to," said the EU High Representative for Foreign Affairs and Security Policy, Josep Borrell.

The funds will enable the EU to continue supporting the growing needs of the Armed Forces of Ukraine by providing both lethal and non-lethal military equipment and conducting training for Ukrainians.

Following the approval of this decision, the financial ceiling of the EPF will exceed 17 billion euros for the period 2021-2027.

The Odessa Journal
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