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.
One crew member from a U.S. warplane shot down over Iran has been rescued, U.S. officials said, as a search continues for a second crew member....
Iran has rejected claims it has been weakened, vowing instead “more crushing” attacks against the United States and ...
Greek Prime Minister Kyriakos Mitsotakis reshuffled his cabinet on Friday (3 April) in a bid to contain a growing scandal over the alleged fraudule...
A parliamentary vote in Myanmar has elected junta chief Min Aung Hlaing as president, consolidating his grip on power five years after he ousted an...
Turkish Vice President Cevdet Yılmaz has hailed the growing importance of the Organisation of Turkic States (OTS) am...
Ukraine has received $2 billion in military aid from international partners through the U.S.-backed PURL programme, President Volodymyr Zelenskyy announced on Wednesday.
The United States has decided to halt some planned deliveries of air defence missiles and other munitions to Ukraine, citing concerns over dwindling American stockpiles, according to officials familiar with the matter.
The Netherlands will deliver a 100 drone-detection radars and 20 medical evacuation vehicles to Ukraine under a new €175 million ($202 million) military aid package, boosting its ongoing support for Kyiv ahead of the NATO summit this week.
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.
Fears of wider escalation grow despite President Donald Trump saying U.S. strikes on Iran could end within weeks. Meanwhile missile attacks, tanker incidents and rising casualties across Israel, Lebanon and the Gulf heighten risks to regional stability and energy routes.
Four astronauts blasted off from Florida on Wednesday on NASA's Artemis II mission, a high-stakes voyage around the moon that marks the United States' boldest step yet toward returning humans to the lunar surface later this decade in a race with China.
An earthquake of magnitude 7.6 struck in Indonesia's Northern Molucca Sea on Thursday, killing one person, damaging some buildings and triggering tsunami waves, authorities and witnesses said.
President Donald Trump staunchly defended his handling of the month-old U.S.-Israeli war on Iran in a prime-time address on Wednesday, saying the U.S. military was nearing completion of its mission while also reinforcing his threats to bomb the Islamic Republic back to the Stone Age.
Iran has rejected claims it has been weakened, vowing instead “more crushing” attacks against the United States and Israel. President Masoud Pezeshkian also warned that Israel is fabricating threats about Iran, as the Strait of Hormuz remains closed affecting the global energy market.
Greek Prime Minister Kyriakos Mitsotakis reshuffled his cabinet on Friday (3 April) in a bid to contain a growing scandal over the alleged fraudulent use of European Union farm subsidies.
One crew member from a U.S. warplane shot down over Iran has been rescued, U.S. officials said, as a search continues for a second crew member.
Across China, people are taking part in a wide range of activities to honour fallen heroes ahead of the Qingming Festival, a traditional time for remembrance and paying respect to the deceased.
France and South Korea have agreed to strengthen defence ties and energy security cooperation following a two-day visit by French President Emmanuel Macron to Seoul.
In a highly unusual move highlighting shifting narcotics diplomacy, the U.S. has handed over a Chinese fugitive accused of serious drug crimes to authorities in Beijing.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment