• EU Council President Michel: EU will give a further EUR 1.5B in military aid to Ukraine

Market news

20 April 2022

EU Council President Michel: EU will give a further EUR 1.5B in military aid to Ukraine

European Council President Charles Michel on Wednesday said during his visit to Kyiv that the EU will give a further EUR 1.5B in military aid to Ukraine, reported Reuters, as the country attempts to fend of a more focused Russian assault in its eastern Donbas oblast.  

His remarks come after German Chancellor Olaf Scholz said in a video call with Western leaders on Tuesday that Germany will continue to finance Ukraine militarily and financially.

A senior US defense official on Tuesday said that Russia is carrying out the "prelude" to a larger expected offensive operations in eastern Ukraine. 

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