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EU Provides Ukraine €3.3 Billion for Missiles and Drones
Vera
By Vera
Markets Editor
The European CommissionThe European Commission is the European Union's executive institution. Among other responsibilities, it proposes legislation, implements EU policies, manages programs, and...Read More said it would disburse €3.3 billion to Ukraine on September 18 for defence procurement, including drones and missiles, under the €90 billion Ukraine SupportAn area where buyers have previously absorbed enough selling to slow or reverse a fall. It is a zone of interest, not an invisible floor.Read More Loan. The payment is the fourth under the loan's defence component and brings CommissionA stated fee charged by some brokers for executing a trade, often alongside a raw spread.Read More disbursements to Ukraine this year to nearly €15 billion across defence and broader support. Ukrainian Prime Minister Sergii Koretskyi separately confirmed receipt of the €3.3 billion tranche, according to Reuters. The funding comes as Russia's war continues to drive European defence and security spending.
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