This is far from enough, he emphasizes.
Since the start of the full-scale war, the European Union has supplied Ukraine with military equipment totaling 31 billion euros, a figure that is growing every day.
The bloc’s High Representative for Foreign Affairs and Security Policy, Josep Borrell, writes about this. According to him, the financial ceiling of the European Peace Fund today is 17 billion euros; it has become the basis of European military support for Ukraine.
By the summer of this year, the EU plans to train 60 thousand Ukrainian soldiers, as well as transfer 500 thousand artillery shells. By the end of the year, this figure should exceed 1 million. Also, the European defense industry provides Ukraine with 400 thousand shells under commercial contracts.
“The Czech initiative to purchase ammunition outside the EU complements these efforts. However, this is far from sufficient, and we must increase both our production capacity and the financial resources allocated to support Ukraine,” Borrell emphasized.
Help from the EU: latest news
Let us remind you that it recently became known that the European Commission has already paid Ukraine the first tranche of macro-financial budget support in the amount of 4.5 billion euros.
According to the Financial Times, the European Commission is now considering options that would circumvent Article 41(2) of the EU Treaty, which prohibits the purchase of weapons from the general budget.