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  • 19 hours ago
EU releases €1.24 billion for Ukrainian-made drones and munitions

The European Union has released €1.24 billion for Ukraine to buy drones, drone interceptors, drone ammunition and munitions manufactured domestically in a bid to push back against Russia's ongoing and escalated air attacks.

READ MORE : http://www.euronews.com/2026/10/07/eu-releases-124-billion-for-ukrainian-made-drones-and-munitions

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00:01The European Commission announced on Wednesday that 1.24 billion euros had been released for Ukraine to purchase domestically manufactured
00:10drones, drone interceptors, drone ammunition and munitions.
00:15Today's disbursement will help strengthen Ukraine's defense industry and Ukraine's ability to defend itself, said the president of the European
00:23Commission, Ursula von der Leyen.
00:25The funding announcement comes as Russia continues its full-scale invasion against Ukraine.
00:30In recent weeks, this has amounted to an increasingly aggressive aerial campaign, putting its capital, Kiev, on near-constant alert
00:40and disrupting daily life.
00:41The envelope is part of the bloc's Ukraine support loan, comprising a total of 90 billion euros funding for 2026
00:49-2027.
00:50Two-thirds have been earmarked for the country's military and defense needs, with Brussels planning to disburse a total of
00:5728.3 billion euros in 2026 to support the country's security.
01:03Future defense funding releases are planned in the coming weeks.

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