EU approves further €6.1 billion for Ukraine's defence
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/24/2026
- Wall Street closes lower to end rocky week
- Meta's capital-raising plans expose a major weakness in the AI boom
- Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April
- BofA flags further downside risk for stocks, yields and dollar
- SpaceX cell-site ambitions lift tower stocks and weigh on carriers
Tweet
Share
E-mail
FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium April 29, 2026. REUTERS/Yves Herman/File Photo
BRUSSELS, Aug 24 (Reuters) - The European Commission on Monday approved a further €6.1 billion ($7.12 billion) in financial aid for Ukraine to procure new defence systems, such as air defence, missiles, ammunition and radars.
The EU said this latest aid package came on top of €16 billion of previously approved procurement plans, of which €8.35 billion had already been disbursed.
"As Russia intensifies its attacks, we are stepping up to help Ukraine protect its people and defend its skies. Europe stands with Ukraine and we will deliver what it needs, when it needs it," said European Commission President Ursula von der Leyen in a statement.
($1 = 0.8563 euros)
(Reporting by Sudip Kar-Gupta; Editing by Susan Fenton)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Analysis-Trump foreign policy hits voters in the pocketbook, imperiling Republicans in midterms
- Exclusive-US has for years asked Musk to alter Starlink service in Ukraine, Middle East, sources say
- UK's Healey to give two state-backed lenders £20 billion capital boost in budget
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
