The proposal is part of an effort to put European support for Kyiv on a longer-term footing, after more than a year of scrambling to respond to Russia’s invasion
European Union foreign ministers met on Thursday to discuss their support for Ukraine, including a proposal to spend up to 20 billion euros on weapons, ammunition and other military aid over four years.
“I presented a plan in order to ensure financial support for Ukraine in the next years, which will amount to quite an important amount of money. I hope the ministers will support it,” he told reporters. Borrell raised the prospect of a new cash pot for Kyiv last month and said it could be called the Ukraine Defence Fund.
Diplomats said they expect EU governments to consider the plan alongside a proposal from the European Commission, the bloc’s executive, to provide 50 billion euros in economic aid to Ukraine over the same four-year period.
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