European Peace Facility
Coverage of European Peace Facility in the Nexus archive.
- EU to transfer €1.4B in profits from frozen Russian assets to Ukraine
The EU has transferred €1.4 billion in profits from frozen Russian central bank assets to Ukraine, marking the fifth such transfer. Funds will support Ukraine's loan repayments and military needs following recent Russian attacks, with over €210 billion in Russian reserves remaining frozen.
- Poland, Germany Clash Over €6.6B in EU Funds for Ukraine
Poland and Slovakia seek full reimbursement for past arms deliveries to Ukraine using €6.6 billion from the European Peace Facility (EPF), while Germany and Scandinavian countries advocate redirecting the funds directly to Ukraine. The disagreement highlights a division within the EU over the allocation of emergency financial resources.
- Hungary Drops Final Veto, Clearing €6.6B EU Air Defense Package for Ukraine
Hungary has ended its opposition to a €6.6 billion EU support package for Ukraine under the European Peace Facility, which aims to strengthen Ukraine’s air defenses. Hungary also lifted objections to starting Ukraine’s EU accession talks following an agreement on minority rights.
- Hungary Ends Two-Year Block on Ukraine Arms Payouts
Hungary has ended its two-year block on EU arms reimbursements for Ukraine, releasing €6.6 billion through the European Peace Facility. This policy shift under new leadership eases EU tensions and supports potential funding for Ukraine, alongside progress in its accession and improved relations with Brussels and Kyiv.