The EU allocated another 500 million euros for Ukraine

European Union

The EU allocated another 500 million euros for Ukraine.

European Union foreign ministers have agreed on another 500 million euros of EU funding to supply Ukraine with weapons, bringing security support from the bloc to $2.5 billion since Russia invaded Ukraine on February 24.

“Today at the meeting of EU foreign ministers, a political agreement was reached on the fifth tranche of military aid to Ukraine”, said the Swedish Foreign Minister, Ann Linde, in a statement, Telegraph reports.

The money should help the EU continue to jointly buy equipment and supplies for the Ukrainian military, including lethal weapons, which the bloc has said should be used for defensive purposes.

EU rules normally prevent the bloc from using its seven-year budget to finance military operations, but the so-called European Peace Facility, which has a cap of $5 billion, is outside the budget and can be used to provide military aid.

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