The EU is considering doubling military aid to Ukraine to €40B in 2025, with contributions based on economic weight. A proposal by the EEAS suggests an initial step of providing 2M artillery rounds and using profits from frozen Russian assets to fund aid.
The European Union should be prepared to go as far as doubling its military aid to Ukraine this year to 40 billion euros ($43 billion) if necessary, according to a discussion paper by the bloc's diplomatic service seen by Reuters on Friday.
The paper, an updated version of an earlier proposal which set out Ukraine's requirements but did not name a target figure, also says each EU country participating in the effort should contribute "in line with its economic weight".
With the future of U.S. backing for Ukraine uncertain, EU countries have expressed a broad willingness to continue supporting the country in the war, but diplomats say several states oppose fixed targets.
The paper says the EU gave about 20 billion euros in military aid to Ukraine last year and encourages EU countries to do at least the same again in 2025, with the total "potentially reaching" 40 billion euros, depending on Kyiv's needs.
EU leaders are likely to discuss the proposal by the European External Action Service (EEAS), headed by former Estonian Prime Minister Kaja Kallas, at a summit next week.
The EEAS "non-paper" - diplomatic jargon for a discussion document rather than a formal proposal - suggests leaders agree as a first step next week to provide 2 million rounds of large-calibre artillery ammunition to Kyiv this year.
It suggests that some of the costs of the plan could come from a scheme that takes windfall profits from Russian assets inside the EU and uses them for the benefit of Ukraine.
The contents of the new proposal were previously reported by Politico late on Thursday evening.
Hungary, whose prime minister Viktor Orban has criticised EU sanctions on Russia and military assistance to Ukraine, said on Friday his country should contribute funds to a common EU defence policy, but not agree to joint EU borrowing for defence.
Nearly 100 young and middle-aged military officers from over 40 African countries including Egypt, Mozambique, Tanzania and Kenya have started a 10-day visit to China at the invitation of the Chinese Ministry of National Defence.
The UK has announced a major new package of support for Ukraine, worth £450 million, which includes hundreds of thousands specialised drones.
Germany plans to release an additional €3bn in military aid for Ukraine, marking a breakthrough after Chancellor Olaf Scholz had previously blocked the funds over borrowing rule concerns.
European Council President António Costa announced at a press conference following the EU security summit that several member states have already committed to providing up to €15 billion in additional aid for Ukraine.
Military financing has been stopped, and officials are meeting to consider suspending another type of assistance
Global investors are bracing for significant market turmoil when trading reopens, with analysts predicting a sharp spike in oil prices and a flight to safe-haven assets following the United States' announcement of military strikes against three Iranian nuclear facilities.
Iran’s top diplomat on Sunday issued a stark condemnation of the United States following overnight military strikes on Iranian nuclear facilities, declaring that Washington had crossed a "very big red line" and would be held "fully responsible" for the consequences.
A chorus of condemnation emerged from Latin America on Sunday as leaders from Chile, Cuba, Venezuela, Colombia, and Bolivia denounced the United States for its recent airstrikes on three Iranian nuclear facilities.
The United States' military strike on three Iranian nuclear facilities Sunday triggered sharply divided reactions from the international community, with Israel lauding the move as a historic decision while Iran, the United Nations, and numerous other nations condemned the attack.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 22nd, covering the latest developments you need to know.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
The USS Nimitz is heading to the Middle East amid tensions between Israel and Iran. The U.S. aircraft carrier has a decades-long history in the region, from the 1979 hostage crisis to modern deployments, often serving as a key asset during periods of rising friction with Iran.
Global investors are bracing for significant market turmoil when trading reopens, with analysts predicting a sharp spike in oil prices and a flight to safe-haven assets following the United States' announcement of military strikes against three Iranian nuclear facilities.
A chorus of condemnation emerged from Latin America on Sunday as leaders from Chile, Cuba, Venezuela, Colombia, and Bolivia denounced the United States for its recent airstrikes on three Iranian nuclear facilities.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 22nd, covering the latest developments you need to know.
Iran has strongly condemned the recent U.S. airstrikes on its nuclear facilities in Fordow, Natanz, and Isfahan, calling them a violation of the UN Charter, international law, and the Non-Proliferation Treaty (NPT)
Eight men were arrested Friday morning following a violent clash near the Iranian embassy in London, police confirmed.
Global investors are bracing for significant market turmoil when trading reopens, with analysts predicting a sharp spike in oil prices and a flight to safe-haven assets following the United States' announcement of military strikes against three Iranian nuclear facilities.
Iran’s top diplomat on Sunday issued a stark condemnation of the United States following overnight military strikes on Iranian nuclear facilities, declaring that Washington had crossed a "very big red line" and would be held "fully responsible" for the consequences.
A chorus of condemnation emerged from Latin America on Sunday as leaders from Chile, Cuba, Venezuela, Colombia, and Bolivia denounced the United States for its recent airstrikes on three Iranian nuclear facilities.
The United States' military strike on three Iranian nuclear facilities Sunday triggered sharply divided reactions from the international community, with Israel lauding the move as a historic decision while Iran, the United Nations, and numerous other nations condemned the attack.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 22nd, covering the latest developments you need to know.
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