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Europe mulls peacekeeping force for Ukraine ...

    
Nation    

EU proposes creating up to EUR 40-bln military aid fund for Ukraine
Journal Staff Report

KYIV, March 14 - The European Union proposes to member states to create a fund to provide Ukraine with military aid worth EUR 20 billion to EUR 40 billion, including 2 million pieces of ammunition, on a voluntary basis in order to avoid a veto from Hungary, the Euractiv news portal reports.

"Last month, the EU's diplomatic arm had proposed to set up an EU-level scheme to send 1.5 million ammunition rounds to Ukraine. The text seen by Euractiv did not feature any figure for the amount of cash needed to complete the job. Considering Hungary's constant refusal to participate in any scheme that would support Ukraine, either militarily or non-militarily via the EU channels, the proposal was rewritten to include "participating member states"," the report states.




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