Russia's war on Ukraine: The EU's financing of military assistance to Ukraine

At a Glance 30-03-2022

A Strategic Compass for the EU

In an unprecedented and unanimous reaction to the Russian war on Ukraine that began on 24 February 2022, the EU swiftly decided to provide €500 million, and then rapidly a further €500 million, from the European Peace Facility to fund and coordinate EU military assistance and to deliver military (including lethal) equipment to Ukraine. The Council had already agreed €31 million for non-lethal assistance to Ukraine on 2 December 2021. For the first time in its history, the EU is now using a dedicated, although off-budget, tool to finance – but not to deliver, with that responsibility falling on Member States alone – lethal military equipment for a third country. This is an update of an 'At a glance' note published on 11 March 2022.