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

At a Glance 20-05-2022

The EU's financing of military assistance to Ukraine

In an unprecedented and unanimous reaction to Russia's war on Ukraine that began on 24 February 2022, the EU swiftly decided to make available €500 million from the European Peace Facility – followed soon after by additional financing – to fund EU military assistance and to deliver military equipment to Ukraine. 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 to a third country. This is a further update of a publication, the previous edition of which was released on 30 March 2022.