Hungary opposed the EU's plan to create a €20 billion long-term fund for military support to Ukraine during a meeting of foreign ministers in Brussels.
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Hungary opposed the EU's attempt to create a long-term fund of up to €20 billion to support the Ukrainian army
The plan would allocate at least €5 billion a year over four years for EU countries to buy and donate arms to Ukraine as well as train Ukrainian troops
The EU presented a plan to provide financial assistance to Ukraine for the coming years through the European Peace Facility, aiming to bring total fund value to $13 billion.
The EU is drawing up plans for a 20-billion-euro fund to help Ukraine defeat the Russian invasion
The military aid discussed is five billion euros per year over four years (2024-2027)
The EU is considering creating a special section in the European Peace Fund to provide up to EUR5 billion per year for Ukraine's defense needs for the next four years.
Josep Borrell stated that the EU will continue to train the Ukrainian military within the framework of a training mission.
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Extraction metadata
Extracted: 2026-05-30T04:21:13.872Z
Source story: 7412282