EU ambassadors agreed to back a new €5bn Ukraine Assistance Fund on March 13, part of the EU’s off-budget European Peace Facility (EPF) that is used to partially reimburse member countries for the weapons they provide to Ukraine. The EPF is separate from the Ukraine Fund, afour-year €50bn support package that can only be used for non-military items such as support for the Ukrainian budget to pay pensions and salaries. After the Ukraine support fund passed, Ukrainian President Volodymyr Zelenskiy immediately called for another €5bn to be added to the EPF to pay for badly needed military equipme…
