International

Zelensky thanks EU for creating new Ukraine Assistance Fund

Ukrainian President Volodymyr Zelensky has thanked the leadership of the European Union and member states for the creation of a new Ukraine Assistance Fund as part of the European Peace Facility, Ukrinform reports.

"Today I would also like to thank the leadership of the European Union and all member states for establishing a new Fund to assist Ukraine within the European Peace Facility. The amount is 5 billion euros, which will be used to support our defense efforts this year. We also expect this Fund to become part of a general security agreement between Ukraine and the European Union," Zelensky said.

The European Union on March 18 announced the creation of a military aid fund for Ukraine worth EUR 5 billion for 2024 as part of the reformed European Peace Facility.

Read more