EU leaders fail to set up special military support fund for Ukraine, but progress is being made

EU leaders failed to make a decision on setting up a special fund for military support for Ukraine at an extraordinary summit on 1 February, but European Council President Charles Michel says "progress" has been made.

Source: conclusions following the summit, as reported by European Pravda

Details: In the section on military support for Ukraine, the European Council emphasised its commitment to continuing to provide Ukraine with "timely, predictable and sustainable military support" through the European Peace Facility, the work of the EU training mission for the Ukrainian military, and bilateral assistance.

No decision has yet been taken on the creation of a special €20 billion fund to support Ukraine under the European Peace Facility. The issue is due to be resolved by March.

The European Council proposed to increase the overall financial ceiling of the facility and invited the EU Council "to reach agreement by early March 2024 to amend Council Decision (CFSP) 2021/509 on the basis of the proposal of the High Representative for a Ukraine Assistance Fund and the proposed key modalities, taking into account suggestions by the Member States".

At the same time, European Council President Charles Michel noted that "progress has been made" on this issue.

After almost 2 years of war, Ukraine remains and will remain a priority.

We will continue our strong military assistance. Progress has been made in supporting Ukraine through the