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EU approves another 500 million euros in military aid to Ukraine

Press TV – July 19, 2022

The European Union has approved another 500 million euros to supply arms to Ukraine, taking the bloc’s total financial support for Kiev to 2.5 billion euros.

The money will be disbursed via the so-called European Peace Facility, as EU rules prevent the bloc from using its seven-year budget to fund military operations.

The EU approved its first tranche of aid to Ukraine just after Russia launched its special military operation in the country’s eastern Donbas region in late February.

The new pledge comes despite the fact that half of the seven-year facility has been already given to Ukraine in just five months since the conflict started.

Apart from supplying financial aid, the EU has also imposed a wide range of sanctions on Moscow in support of Kiev.

The bans, however, have so far backfired, with inflation across the continent hitting record highs on top of an unprecedented devaluation of the euro.

There is growing disquiet in the EU regarding the negative impact that the sanctions against Russia are having on the European Union’s economy.

July 19, 2022 - Posted by | Militarism | ,

6 Comments »

  1. Betting on a losing horse, this EU hierarchy. The piper will be paid….

    “European Peace Facility”?? Hah! — that’s a ‘rich’ one! The (non-peace) US-led global MIC is chortling, counting its cash….

    Liked by 1 person

    Comment by roberthstiver | July 19, 2022 | Reply

  2. Meanwhile the goods are being sold on the black market…hello!

    Liked by 1 person

    Comment by Sparrow | July 19, 2022 | Reply

  3. Nobody is as stupid as those running the E.U. Self-destructive clowns!

    Liked by 2 people

    Comment by papasha408 | July 19, 2022 | Reply

    • Oh yes there is…the US even more.

      Liked by 1 person

      Comment by Sparrow | July 19, 2022 | Reply

      • All of North America and Europe wouldn’t stand a chance against Russia in a conventional war. The U.S. knows this, but, for some stupid reason, the Europeans are still going along with these ridiculous sanctions which only help Russia and are destroying Western Europe. But Joe has a secret weapon and he’s not afraid of Russia’s Hypersonic Missiles. Joe has a transgender Admiral! LOL!!

        Liked by 2 people

        Comment by papasha408 | July 19, 2022 | Reply

  4. EU has less than compassionate intentions IMO

    Liked by 1 person

    Comment by Ant Lovato | July 19, 2022 | Reply


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