A threat to the European Peace Facility: EU countries’ positions on bypassing Hungary’s veto are divided. France and Germany do not support an offered proposal to bypass Hungary’s veto, which would block the allocation of more than €6B in aid to Ukraine. The European External Action Service has prop... #EuropeanPeaceFund #France #Germany #HungaryVeto #MilitaryAidforUkraine
The EU promises to provide Ukraine with a €35B loan by the end of the year and is looking for ways to circumvent Hungary’s veto. EU countries and the European Parliament need to quickly explore all legislative procedures so that Ukraine can receive a new €35B loan, which is the EU’s share of the G7’s proposed loan, ... #EuropeanPeaceFund #financialaidforUkraine #G7 #HungaryVeto #LoanForUkraine #MarošŠefčovič
The EU will change the current system of financing military support to Ukraine in response to Hungary. The EU plans to change its system of Ukrainian military support to bypass a Hungarian veto, circumventing the country that is loyal to the Russian Federation. On October 9, EU ambassadors are expected... #EuropeanPeaceFund #HungaryVeto #LoanForUkraine #MilitaryAidforUkraine #RussianAssetsProfits #SupportUkraine
The EU will spend €300M of revenues from frozen Russian assets to purchase weapons for Ukraine from French manufacturers. As reported by the French Ministry of Defense, France has joined Ukraine’s new defense support program, established within the framework of the European Peace Fund. The program will allocate €1.4B in ... #EuropeanPeaceFund #France #RussianAssetsArrested #RussianAssetsProfits #WarinUkraine #WeaponsforUkraine
Billions in aid arrives as the EU transfers the first €1.5B, and the US unexpectedly finds another $2B for military support. The EU announced the transfer of the first €1.5B tranche of frozen Russian asset profits to Ukraine. The money will be directed through the European Peace Fund to support Ukraine’s military and ... #EuropeanPeaceFund #Pentagon #RussianAssetsProfits #SupportUkraine #WarinUkraine #WeaponsforUkraine
Hungary is blackmailing Ukraine by blocking €6.5B in military aid due to the cessation of Russian oil transit to the EU. Hungary will block the €6.5B military aid financing program for Ukraine under the European Peace Fund until Ukraine resumes supplies of Russian oil to Hungary, Hungarian Foreign Minister Peter Szijjár... #EuropeanPeaceFund #Hungary #LukOil #OilTransit #PeterSijarto #RussianOil #Slovakia
Ursula von der Leyen has retained her position as head of the EC, and she promises to create a European Defense Union and support Ukraine on its way to joining the EU. The European Parliament re-elected Ursula von der Leyen as the head of the European Commission for another five years. While campaigning, she promised to do much more in the field of defense if she re... #EUexpansion #EuropeanIntegration #EuropeanParliament #EuropeanPeaceFund #SupportUkraine #UkraineFacility #UrsulavonderLeyen
Paris will provide Mirage 2000-5 fighter jets to Kyiv and launch a training program for Ukrainian pilots. The training will begin this summer and will take five to six months, and the handover of the planes will take place closer to the end of the year, French President Emmanuel Macron said after meeting ... #EmmanuelMacron #EuropeanPeaceFund #France #Mirage2000 #WarinUkraine
The EU can use another €7B to arm Ukraine. The EU can mobilize another €6.7-6.9B to purchase weapons for Ukraine through the European Peace Fund (EPF), though more work remains to be done before these funds can be used, said the High Represent... #EuropeanPeaceFund #JosepBorrell #MilitaryAidforUkraine #SupportUkraine #WarinUkraine
The EU has identified aid to Ukraine as a key security priority: The bloc will supply weapons and sign a security agreement. The EU Council approved five main EU security and defense priorities in the context of a combination of challenges, such as Russia’s war against Ukraine and increasing tensions in the Middle Eas... #EUMAM #EuropeanPeaceFund #MilitaryAidforUkraine #SupportUkraine #WarinUkraine #WeaponsforUkraine
The EU approves the transfer of revenues from frozen Russian assets to Ukraine, 90% of which will go to the military. On May 21, the Council of the EU agreed on a conservative plan for the use of Russian assets for the benefit of Ukraine. It will allow Ukraine to receive €3B this year, the Minister of Foreign Affairs... #EUCouncil #EuropeanPeaceFund #JanLipavsky #RussianAssetsConfiscation #RussianAssetsProfits #SupportUkraine
Ukraine has proposed three initiatives to attract EU funds to strengthen its defense industry. Minister of Strategic Industry Oleksandr Kamyshin said that Ukraine seeks to attract additional funds from the EU to strengthen its arms industry and implement additional production facilities unrelat... #AlexanderKamyshin #DefenseIndustryUkraine #EDIP #EuropeanPeaceFund #RussianAssetsProfits #WeaponsProduction
The EU will buy weapons for Ukraine’s military from Ukrainian manufacturers. EU states will purchase weapons for the Defense Forces of Ukraine from Ukrainian manufacturers through the European Peace Facility, said Minister of Strategic Industry Oleksandr Kamyshin after the Ukr... #AlexanderKamyshin #DefenseIndustryUkraine #EDIP #EuropeanPeaceFund #Kosovo #WarinUkraine #WeaponsforUkraine
Borrell insists on directing 90% of the income from the Russian Federation’s assets to Ukraine. The EU’s high representative, Josep Borrell, said that 90% of the proceeds from the Russian Federation’s frozen assets should be directed to the European Peace Fund, which purchases weapon... #EuropeanPeaceFund #JosepBorrell #RussianAssetsConfiscation #RussianAssetsProfits #SupportUkraine #UkraineRecovery
Ukraine will receive the first payment from frozen Russian assets this summer. The EU has prepared a draft law, according to which Ukraine can start receiving profits from frozen Russian sovereign assets as early as July of this year. As Bloomberg writes, the draft law envisages... #EuropeanPeaceFund #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation #RussianCentralBank
France is considering sending special forces to Ukraine to create a “strategic dilemma” for Russia. The French authorities are considering allowing their special forces and military units to cross Ukraine’s border. This will enable Russia to face a “strategic dilemma.” There is an ... #EuropeanPeaceFund #FranceMilitaryAid #FrenchForces #NATOsoldiers #SupportUkraine #WarinUkraine
German opposition to the €5B reform of Ukraine’s military support fund risks delaying the supply of arms. As the FT writes, the European Peace Fund (EPF) needs additional funding so that countries can receive partial compensation for the costs of supplying weapons. However, the proposed €5B financing has ... #EuropeanPeaceFund #GermanDefense #MilitaryAidforUkraine #WarinUkraine #WeaponsforUkraine
The EU will create a military aid fund for Ukraine in a few days, and Hungary has agreed to finance non-lethal defense aid. The EU plans to form a €5B military aid fund for Ukraine in 2024 as part of the European Peace Fund, EU High Representative Josep Borrell said. “We discussed the situation on the battlefield, th... #DefenseIndustryUkraine #EuropeanPeaceFund #JosepBorrell #MilitaryAidforUkraine #PeterSijarto #WarinUkraine
Germany is preparing a new support package, and the EU is getting closer to providing €5B in military aid to Ukraine. Ukraine’s partners continue to support its defense capability. Recent developments include: Within a few days, the EU may allocate an additional €5B from the European Peace Fund. Germany is prep... #EuropeanPeaceFund #IRISTdefensesystem #MilitaryAidforUkraine #Ramstein #SupportUkraine #WarinUkraine #WeaponsforUkraine
The EU is preparing a large-scale support package for Ukraine with money and weapons to coincide with the second anniversary of the Russian invasion. According to FT, the long-awaited agreement to allocate €50B to Kyiv over four years, part of which may be paid out as soon as the deal is concluded, has been reached. €5B in annual military aid and t... #EuropeanPeaceFund #RussianAluminum #SanctionsAgainstRussia #SupportUkraine #UkraineFacility
Here are the new details of the €20B EU military aid fund for Ukraine. This week, EU diplomats will begin consideration of a new plan to hasten the supply of military aid to Ukraine. The plan envisages the creation of a dedicated fund, to which €6.5B will be directed fro... #EUdefense #EuropeanPeaceFund #MilitaryAidforUkraine #SupportUkraine #WarinUkraine
The EU is working on its 13th package of sanctions and wants a €5B reform to the military aid fund for Ukraine. The EU has started discussions on a new package of sanctions, which it aims to approve by February 24, the second anniversary of the Russian invasion of Ukraine. Potential measures could include new l... #circumventionOfSanctions #EuropeanPeaceFund #SanctionsAgainstRussia #WeaponsforUkraine
The EU supports an increase in the financing of the arms fund for Ukraine but has not yet agreed on the amount. The leaders of the EU states support an increase in financing for the European Peace Fund (EPF), which allocates funds to purchase weapons for Ukraine. The European Council also emphasized the urgent ... #EuropeanPeaceFund #MilitaryAidforUkraine #SupportUkraine #WarinUkraine #WeaponsforUkraine
Borrell is working on future EU security commitments for Ukraine, but Hungary continues to block €500M in aid. The head of EU diplomacy, Josep Borrell, said at the Council of Foreign Ministers meeting in Brussels that he is preparing the EU’s future security obligations to Ukraine. He added that at the m... #EuropeanPeaceFund #EUsupportforUkraine #HungaryVeto #JosepBorrell
The EU will agree on a €20B military aid package for Ukraine no earlier than December. The EU does not expect to reach an agreement on the allocation of €20B to Ukraine through the European Peace Fund before reviewing the multi-year EU budget at the summit in December. At the next Decem... #EUmilitaryAid #EuropeanPeaceFund #EUsupportforUkraine #WarinUkraine
Borrell proposes an additional €20B in military support for Ukraine and a four-year program for €50B. During his visit to Kyiv, EU High Representative Josep Borrell said that the EU has provided Ukraine with €25B of military support, and the total aid amounts to €85B. He also emphasized that the EU wi... #EUmilitaryAid #EUprogramForUkraine #EuropeanPeaceFund #EUsupportforUkraine #JosepBorrell
The EU has increased the upper weapon financing limit for Ukraine. The Council of the EU passed a decision to increase by €3.5B the upper limit of financing for the European Peace Fund, from which compensation is paid to countries for weapons transferred to Ukraine, ... #EuropeanPeaceFund #JosepBorrell #WarinUkraine #WeaponsforUkraine
Josep Borrell proposes the allocation of another €3.5B in military aid to Ukraine. The head of EU diplomacy suggests contributing these funds to the European Peace Fund (EPF), which is used to finance military aid to Ukraine, reported Euractiv. It has been reported that Borrell has ... #EuropeanPeaceFund #JosepBorrell #MilitaryAidforUkraine #WarinUkraine
Hungary has blocked €500M from the European Peace Fund for weapons for Ukraine. This is the eighth tranche of EPF funds for armaments for Ukraine, the Italian publication ANSA reports. The funds were supposed to be paid on May 22, but Budapest allegedly demanded guarantees that t... #EuropeanPeaceFund #HungaryVeto #VictorOrban #WeaponsforUkraine
The EU approves the allocation of €1B for ammunition for Ukraine. On April 13, the EU Council approved the allocation of €1B as part of the European Peace Fund (EPF) to support the Armed Forces of Ukraine. It is noted that this will allow the EU to reimburse member ... #AmmunitionForUkraine #EuropeanPeaceFund #MilitaryAidforUkraine
The EU has talked about increasing the peace fund for Ukraine by €3.5B. The defense ministers of the EU member states have proposed to increase the European peace fund, which is used for compensation for military equipment and ammunition transferred to Ukraine, by €3.5B, ... #AmmunitionForUkraine #EuropeanPeaceFund #JosepBorrell
Hungary has blocked €500M in aid for Ukraine, but the EU has a backup plan. Hungary has blocked access to the European Peace Fund money that EU countries have been using to purchase weapons for Ukraine. According to a high-ranking EU diplomat, EU countries will put pressure o... #EUfinancialAid #EuropeanPeaceFund #HungaryVeto
Ukraine calls on the EU to increase military support. Ukraine needs more weapons and ammunition to win the war and achieve a just peace, said Ukrainian Foreign Minister Dmytro Kuleba during an online speech at the Council of Foreign Ministers of the EU. ... #DmytroKuleba #EuropeanPeaceFund #WeaponsforUkraine
The EU Council has increased the fund that helps Ukraine with weapons by €2B. On December 12, the EU Council approved a decision to increase funding for the European Peace Fund in 2023 by €2B, announcing the European Council’s website. There is still the possibility that ... #EuropeanPeaceFund #JosepBorrell #WeaponsforUkraine
The EU has approved another €500M tranche of military aid to Ukraine. The Council of the European Union approved the allocation of the fifth tranche from the European Peace Fund (EPF) in the amount of €500M to support the Ukrainian military. The head of the EU Council, ... #EUmilitaryAid #EuropeanPeaceFund #MilitaryAidforUkraine
The EU has approved the fourth tranche of military assistance to Ukraine. The EU Council has approved the allocation of the fourth tranche of aid from the European Peace Fund (EPF) in the amount of €500M, which will allow the EU to support the Ukrainian army with weapons. T... #EUmilitaryAid #EuropeanPeaceFund #MilitaryAid #WarinUkraine
