Sensational Package: EU May Provide Ukraine With 700 Billion Euro Aid

This was announced by the head of the German Foreign Ministry.

The European Union is preparing a multi-billion dollar aid package for the purchase of military equipment for Ukraine. German Foreign Minister Annalena Baerbock gave an idea of its scale, saying that this amount could be around 700 billion euros.

“We will launch a large package that has never been on such a scale before,” Baerbock said on the sidelines of the Munich meeting, Berliner Zeitung reports.

The new billion-euro package could be financed by the joint debt of EU member states, a mechanism tested during the coronavirus pandemic.

“Like the euro or the corona crisis, there is now a financial package to ensure security in Europe. This will happen in the near future,” the diplomat explained.

She noted that peace in Ukraine will only come through force.

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