EU agrees new billions in
Photo: Wiktor Nummelin/TT

EU agrees new billions in aid for Ukraine after years of deadlock

After years of deadlock, EU countries have agreed on billions in aid to Ukraine from the "peace fund" EPF.

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The agreement means that the EU's efforts to train Ukrainian soldiers and new joint weapons purchases will each receive just over 10 billion kronor. The remainder, more than 50 billion kronor, will go back to the EU countries as compensation for previous support to Ukraine.

Many are now doing as Sweden has and using that money for new support measures.

We will get money back from the EPF and will reinvest it in support for Ukraine, says Defence Minister Pål Jonson (M).

The EPF money was locked up for several years due to opposition from Hungary's previous government. Recently, other EU countries have also disagreed over the compensation levels - which has greatly irritated Sweden.

Ideally, we would have liked to see this come sooner, says Jonson.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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