News Feed

EU weighs 6.6 billion euros fund to buy US weapons for Ukraine, Kyiv says

2 min read
EU weighs 6.6 billion euros fund to buy US weapons for Ukraine, Kyiv says
Denys Shmyhal, then-Prime Minister of Ukraine, takes part in a government forum in Kyiv, Ukraine on Aug. 27, 2024. (Viktor Kovalchuk/Global Images Ukraine via Getty Images)

The EU is considering allocating 6.6 billion euros ($7.7 billion) from the European Peace Facility (EPF) to purchase U.S. weapons for Kyiv, Ukraine's Defense Minister Denys Shmyhal said on Sept. 10.

"During the Ukraine Defense Contact Group, we received an important signal that support for Ukraine will continue and grow stronger," Shmyhal said after the Sept. 9 Ramstein-format meeting.

Since U.S. President Donald Trump began his second term, Washington has not approved any new aid package to Kyiv. In July, Trump announced an agreement allowing European allies to purchase American arms for Ukraine.

The EPF, created in 2021 to strengthen EU security policy, has been used to reimburse member states for military assistance to Ukraine since the start of Russia's full-scale invasion.

In 2024, the EU redirected 90% of windfall profits from frozen Russian assets into the fund.

Hungary has blocked EPF allocations for months, forcing EU officials to seek alternative mechanisms. The European External Action Service proposed allowing voluntary contributions to bypass Budapest's veto, but France and Germany opposed the move.

Despite the deadlock, the proposed 6.6 billion-euro package would mark a significant shift.

The news comes as Russia continues to reject a ceasefire or meaningful negotiations and Ukraine faces continued aerial and missile assaults while allies debate long-term security guarantees.

Avatar
Tim Zadorozhnyy

Reporter

Tim Zadorozhnyy is the reporter for the Kyiv Independent, specializing in foreign policy, U.S.-Ukraine relations, and political developments across Europe and Russia. Based in Warsaw, he is pursuing studies in International Relations and the European Studies program at Lazarski University, offered in partnership with Coventry University. Tim began his career at a local television channel in Odesa in 2022. After relocating to Warsaw, he spent a year and a half with the Belarusian independent media outlet NEXTA, initially as a news anchor and later as managing editor. Tim is fluent in English, Ukrainian, and Russian.

Read more
News Feed
Video

The Kyiv Independent’s Myroslava Chauin speaks with Kateryna Rashevska, a legal expert at the Regional Center for Human Rights and a children’s rights activist, about evidence that Ukrainian children from Russian-occupied territories were transferred to a children’s camp in North Korea.

Show More