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EU Inches Towards Deal on Ukraine Weapons Fund

Welcome to the Brussels Version, Bloomberg’s each day briefing on what issues most within the coronary heart of the European Union.

France could have paved the best way for a deal on the EU’s €5 billion-a-year weapons fund for Ukraine after weeks of stalled talks. As he backed a Czech plan to ship artillery shells sourced from exterior the EU to the federal government in Kyiv, French President Emmanuel Macron stated yesterday throughout a go to to Prague that the bloc’s European Peace Facility is also tapped to fund a part of it. France had beforehand insisted that money from the ability ought to solely profit EU firms. Germany, in the meantime, has been working to resolve its points over calculating nations’ particular person contributions.

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