EU Set to Transfer $10.5 Billion to Ukraine in June, With Most Earmarked for Defense
New Delhi, June 8 -- Ukraine is days away from receiving the most concentrated financial transfer in its wartime history, and the majority of it will not go to schools or salaries. It will go to weapons.
roughly $10.5 billion - to Kyiv before the end of June, describing the disbursement as still within the second quarter of the year. Of that total, €5.9 billion is designated for military requirements, with drone procurement at the center of discussions, while €3.2 billion will flow directly into Ukraine's national budget as macro-financial assistance under a memorandum of understanding both sides have now signed.
That two-to-one tilt toward defense spending - deliberate in its design - reflects where Brussels has landed afte...
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