EU finalizing $7 billion drone package for Ukraine — von der Leyen
Ursula von der Leyen (Photo: REUTERS/Yves Herman)
The European Union is finalizing an EUR6 billion ($7
billion) funding package to be directed at Ukraine drone
procurement, European Commission President Ursula von der Leyen said on May
14.
“Last night, Russia launched one of its longest and most relentless drone attacks against Ukraine,” von der Leyen wrote in a Twitter post.
“While Russia openly mocks diplomatic efforts, we continue to strengthen Ukraine. We are finalising an EUR6 billion drone support package. And we keep the pressure on Russia’s war economy with ever tougher sanctions.”
Von der Leyen previously said the first tranche of the
broader EUR90 billion loan package will be disbursed to Ukraine in Q2 2026. The
funds will be split into two streams: about a third for budgetary needs and the
remainder for defense industry.
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