Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Pakistani army: 6 soldiers and 7 militants killed in clash near the Afghan border
Israeli media: Sirens sound in the settlement of Kerem Shalom in the Gaza envelope area
Afghan source to Al Mayadeen: We still believe in dialogue and prioritize diplomatic solutions with Pakistan; though we are ready for all possibilities.
Afghan source to Al Mayadeen: Pakistan purposely obstructed negotiations in Turkey by making unrealistic demands.
Al Mayadeen's correspondent: More than 70 martyrs in Israeli attacks on Gaza since dawn.
Death toll from latest Israeli strikes on Gaza rises to 30
Al Mayadeen's correspondent: Five killed in the Israeli bombing of a civilian vehicle on Al-Qassam Street in Khan Younis, south of the Gaza Strip
Hamas confirms that it has no connection to the shooting incident in Rafah and affirms its commitment to the ceasefire agreement
Al Mayadeen's correspondent: Two civilians were killed and four others, including a child and an infant, were injured in an Israeli bombing of a house belonging to the Al-Banna family in the al-Sabra neighborhood, south of Gaza City
Al Mayadeen's correspondent: An Israeli airstrike targets the vicinity of Al-Shifa Medical Complex, west of Gaza City

EU provides Ukraine with $1.6 bil in financial aid

  • By Al Mayadeen English
  • Source: Agencies
  • 25 Jul 2023 15:30
2 Min Read

The head of the European Commission announced that the purpose of this financial aid is to keep the Ukrainian state running.

  • x
  • European Commission President Ursula von der Leyen speaks with the media as he arrives for an EU summit at the Crystal Palace in Porto, Portugal, Saturday, May 8, 2021 (Violeta Santos Moura, Pool via AP)
    European Commission President Ursula von der Leyen speaks with the media as he arrives for an EU summit at the Crystal Palace in Porto, Portugal, Saturday, May 8, 2021 (Violeta Santos Moura, Pool via AP)

On Tuesday, Ursula von der Leyen, the head of the European Commission, declared that the European Union had allocated an additional $1.6 billion to Ukraine as part of its macro-financial aid.

"Today we paid another €1.5 billion, to help keep the [Ukrainian] state running and repair infrastructure. More will come," Von Der Leyen wrote on social media.

In early July, EU foreign policy chief Josep Borrell revealed that the commission intended to allocate an extra 20 billion euros for military assistance to the Ukrainian government, which led to opposition from Hungary.

Last week, Hungarian Foreign Minister Peter Szijjarto expressed concern that Kiev had not provided an account of how it utilized the funds released thus far.

Read more: EPF pays $475mln to EU states for cost of Ukraine ammunition supplies

A report released by Politico revealed on Tuesday that the European Peace Facility (EPF) is facing the risk of exhausting all its funding due to the high level of EU assistance for Ukraine.

Related News

Russia will negotiate with Trump based on Russian interests: Kremlin

FSB arrests suspected Kiev collaborator in Stavropol bomb plot

"Our level of support to Ukraine in the military is now so high, that money allocated to the European Peace Facility for Ukraine will be soon exhausted," an official source was quoted as saying by Politico.  

The agency was founded in March 2021 as part of the Common Foreign and Security Policy framework to strengthen the EU's role as a global security provider. 

The EPF's budget for the 2021-2027 period amounts to 5.69 billion euros.  

Last year, EU member states convened on resorting to the EPF to partially fund military assistance to Ukraine. 

In December 2022, funding for the agency was increased by 2 billion euros.

Last month, the Council of the European Union agreed to increase the agency's overall financial ceiling with an additional 3.5 billion euros.

Read more: Zelensky says EU keeping curbs on Ukraine grain 'unacceptable'

  • Ukraine
  • European Union

Most Read

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
US missionary kidnapped in Niger capital, suspected taken toward Mali

US missionary kidnapped in Niger capital, suspected taken toward Mali

  • Africa
  • 23 Oct 2025
Hi-tech holocaust: Microsoft’s role in Gaza genocide

Microsoft's role in world’s first AI-driven genocide, in Gaza, exposed

  • Technology
  • 28 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Displaced Sudanese who fled El-Fasher after the city fell to the Rapid Support Forces (RSF), rest near the town of Tawila in war-torn Sudan's western Darfur region (AP)
Politics

UAE directly funded RSF, leading to fall of El-Fasher: Sudan

'You’re not welcome in Greece': Israelis face port protests
Politics

'You’re not welcome in Greece': Israelis face port protests

This photo released by the Israeli military on Thursday, Nov. 2, 2023, shows ground operations inside the Gaza Strip (AP)
Politics

IOF soldier who fought in Gaza, Lebanon denied entry to Czech Republic

UN inquiry exposes 'Israel’s' four genocidal crimes against Gaza
Politics

'Israel' committed four genocidal acts in Gaza, UN inquiry finds

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS