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European Union member countries have been presented with a proposal to reorganize the fund that provides military support to Ukraine. The bloc plans to shift from sending weaponry from existing stocks to procuring new ones, according to Bloomberg. According to documents from the European External Action Service, the terms for establishing the previously proposed Aid Fund for Ukraine with an annual budget of approximately 5 billion euros (5.4 billion dollars) have been outlined. However, EU members were unable to reach an agreement on this fund. Under the current funding mechanism – the Europea…

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