Urgent.News

What's breaking now, across thousands of outlets.

World

EU approves Ukraine’s request to finance Patriot purchases

The European Commission has approved Ukraine’s request to purchase interceptor missiles for Patriot air defense systems using EU’s EUR90 billion ($105.3 billion) loan, Suspilne public broadcaster reported on Sept. 7, citing an unnamed EU official.

EU approves Ukraine’s request to finance Patriot purchases

On September 7, the European Commission officially approved Ukraine's request to utilize a portion of the EUR90 billion loan to finance the acquisition of interceptor missiles for Patriot air defense systems. According to Suspilne public broadcaster, an unnamed EU official confirmed this approval.

Earlier, on August 6, the European Commission had acknowledged that Ukraine could leverage part of the EUR90 billion loan to procure interceptor missiles and other equipment from third countries if such products were not readily available within the European Union.

On September 1, Suspilne reported that Ukraine had formally sought the European Commission's support in funding the purchase of interceptor missiles for Patriot systems through the loan program. Ukraine's request for funding exceeded EUR2 billion, which would be used to acquire these missiles. The European Commission had previously received a list of weapons Ukraine intended to purchase, with most of the remaining EUR6 billion under the loan's defense component earmarked for such equipment. Many of the items on this list were produced either in Ukraine or the EU, primarily drones.

On September 2, European Commission President Ursula von der Leyen confirmed that Ukraine had formally requested EU funding for PAC-3 missiles for Patriot systems through the European loan.

Written by urgent.news from New Voice of Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at english.nv.ua →

More in World

More from Monday 7 September →