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Polish Foreign Minister Radosław Sikorski told reporters in Brussels on February 3 that Poland has agreed with EU member states to create a fund to provide 20 billion euros ($21.5 billion) in military aid to Ukraine over the next four years. He said he supports the proposal.
EU foreign ministers are still discussing establishing a dedicated fund for Ukraine within the European Peace Facility, which would be used to cover the cost of military aid to other member states.
The plan was proposed by the EU’s top diplomat Josep Borrell in July last year, but has for years faced resistance from some member states wary of spending large sums of money. The EU is reportedly considering various ways to reform the fund in order to obtain unilateral approval.
“There was an agreement on the civilian side for 50 billion euros, which is very good news,” Borrell said ahead of the EU’s private meeting. We still need to decide how to implement it.” On February 3, the foreign ministers said:
After months of delays, the leaders of all 27 EU member states agreed on February 1 to allocate 50 billion euros ($54 billion) in additional financial support to Ukraine in the EU budget.
The EU has provided 28 billion euros ($30.2 billion) in defense aid to Ukraine to help it repel a full-scale Russian invasion, Borrell said.
Also read: Ukraine’s path to EU membership is paved with reforms
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