EU foreign policy chief Josep Borrell said on Wednesday he had offered to allocate 1 billion euros ($1.06 billion) from the European Peace Facility to support Ukraine with existing stock of ammunition as soon as possible
BRUSSELS (Pakistan Point News / Sputnik - 08th March, 2023) EU foreign policy chief Josep Borrell said on Wednesday he had offered to allocate 1 billion Euros ($1.06 billion) from the European Peace Facility to support Ukraine with existing stock of ammunition as soon as possible.
"We need a new support package for the reimbursement of the immediate delivery of ammunition that has to come from national stocks already existing," he said at a press conference after the informal meeting of EU defense ministers in Stockholm.
"For this support package, I proposed to the ministers (to allocate) 1 billion euros from European Peace Facility," Borrell added.
He added that he expected a decision on this plan to be made at a meeting of EU foreign and defense ministers on March 20.
