MOSCOW (Pakistan Point News / Sputnik - 12th December, 2022) The EU foreign ministers agreed on Monday to increase the funding of the European Peace Facility by 2 billion Euros ($2.11 billion), which funds among other things the military supplies to Ukraine, the Council of the European Union said in a statement.
"The Council today reached a political agreement with a view to ensuring the financial sustainability of the European Peace Facility (EPF). The Council decided in particular to increase the overall financial ceiling by ��2 billion (in 2018 prices) in 2023, with the possibility of a further increase at a later stage," the statement said.
