European Peace Facility funds could become available to Ukraine – Kallas
Many EU member states have already expressed their readiness to provide Ukraine with funds they could receive from the currently blocked European Peace Facility.
EU High Representative for Foreign Affairs and Security Policy Kaja Kallas announced that funds from the European Peace Facility could potentially become available to Ukraine. Kallas made the statement during a press conference before an informal meeting of EU defense ministers in Ireland. While noting that the informal meeting does not result in any decisions, Kallas emphasized that discussions would include efforts to unblock the funds.
The European Peace Facility currently holds €6.6 billion, but member states continue to debate the mechanism for distributing these funds. If the funds are unblocked, Kallas stated that many member states have expressed their willingness to provide all the funds they receive back for defense spending to Ukraine. This would mean significant additional funding for Ukraine's air defenses and weapons.
Kallas did not provide any specific predictions on the amount of funding Ukraine could receive, stating that the ongoing discussions among member states involve determining how much will go back to member states and how much will be allocated to Ukraine. During the meeting, Kallas reiterated her call for member states with ballistic-missile interceptors in storage to provide them to Ukraine.
Written by urgent.news from Ukrinform - Politics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
