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EU Tackles $22-B Plan To Boost Ukraine Military Aid

Writer's picture: By The Financial DistrictBy The Financial District

European Union officials will this week start tackling a new plan to unlock tens of billions of dollars in military assistance for Ukraine, seeking to revamp a critical aid program bogged down by internal divisions, Laurence Norman reported for Wall Street Journal.


The EU move comes after some European countries have increased their bilateral military assistance to Ukraine. I Photo: Володимир Зеленський Facebook



The EU move comes after some European countries have increased their bilateral military assistance to Ukraine even as the Biden administration is hamstrung by Congress on providing large-scale assistance.


The UK has also promised to provide Ukraine with weapons worth more than $2 billion.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

In a related development, Russian President Vladimir Putin vowed to retaliate against the US and its allies once they fiddle with frozen Russian assets. Putin said the West would lose $288 billion once they ship Moscow’s money to Ukraine.




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