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. UPDATE: Since the recording of this podcast, the EU has agreed to mobilise additional financing of military assistance to Ukraine amounting to €2 billion currently.

EU - Ukraine (T)

EPRS policy podcast - Russia's war on Ukraine: The EU's financing of military assistance to Ukraine