[Ticker] EU agrees another €500m for Ukrainian arms

EU Reporter

EU foreign ministers agreed Monday another €500m of EU funding to supply arms to Ukraine, taking the bloc’s security support to a total of €2.5bn since Russia invaded Ukraine. The money is designed to help EU countries to jointly buy equipment and supplies. EU rules prevent countries to use the bloc’s seven-year budget for military operations, but the €5bn European Peace Facility can be used, which is now half exhausted.