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Bloomberg: The European Union will increase the fund for military assistance to Ukraine by € 2 billion

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Image source: © РИА Новости Алексей Витвицкий

Currently, the maximum size of the fund is €6 billion to finance military assistance for 2021-2027NEW YORK, December 8.

/tass/. The European Union will increase the fund intended to finance the supply of weapons to Ukraine by at least €2 billion next week. This was reported on Thursday by Bloomberg.

At the moment, the maximum size of the fund is €6 billion to finance military assistance for 2021-2027. It is used to finance the supply of weapons not only to Ukraine, but also to some other countries, but at least half of the total amount is reserved for Kiev. However, Bloomberg notes that the EU countries believe that this is not enough.

The document on the increase in funding can be signed on December 12. In the future, the size of the fund may be further increased.

On February 24, Russian President Vladimir Putin announced a special military operation in response to the request of the leaders of the republics of Donbass for help. After that, the West imposed large-scale sanctions against Russia and increased the supply of weapons and military equipment to Kiev for amounts estimated at this stage in billions of dollars. 

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