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world2h ago
NATO allies weigh new €70B military aid pledge for Ukraine
- NATO is weighing a new €70 billion funding pledge for Ukraine to be announced at the Ankara summit next month.
- The plan would mix new cash with existing EU loans and bilateral pledges to fund Ukraine.
- European partners stress that aid should be fair and sustainable, not double-counted with EU funding.
- Ukrainian efforts focus on air defense, drone and missile production, and extended-range munitions.
- The plan contemplates €40 billion from bilateral commitments and €30 billion from EU loan funds.
- The discussion follows calls for stronger European funding and burden sharing.
- Officials say the issue will be a key topic at the July 7-8 NATO leaders’ summit.
- Experts note a shift as Kyiv appears to tilt the balance of the war in its favor.
- The plan signals NATO and EU coordination on Ukraine funding.
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