The European Union is mobilizing to provide long-term support to Ukraine in its fight against the Russian invasion. A new fund of 20 billion euros over four years is under consideration to enhance security commitments and guarantees in favor of the Ukrainian army.
In the face of the critical situation in Ukraine due to the Russian invasion, the European Union is intensifying its efforts to provide essential support to the Ukrainian army. On Thursday, diplomatic sources revealed that the EU is considering the creation of a 20-billion-euro fund over a four-year period to strengthen military support to Ukraine.
The EU’s chief diplomat, Josep Borrell, confirmed this initiative ahead of a meeting of European foreign ministers in Brussels. He emphasized the importance of discussing ways to continue supporting Ukraine in the long term, with a focus on security commitments and guarantees that could be provided to strengthen Ukraine’s defense against the Russian invasion.
This proposal for a 20-billion-euro fund marks a significant step in the EU’s efforts to address the crisis in Ukraine. The situation remains extremely concerning as the armed conflict continues to wreak havoc in eastern Ukraine, and tensions remain high in the Black Sea region.
The European Union’s support for Ukraine goes beyond the military dimension. The EU has also provided humanitarian and economic assistance to help the country cope with the devastating consequences of the conflict.
