Published: September 4th, 2023,
Last updated: May 28th, 2025
The initial skepticism seems to have been overcome. After the informal meetings of defense and foreign ministers in Toledo, Spain, at the end of August, Josep Borrell was able to report broad consensus on his plan to put the financing of military aid to Ukraine on a stable footing – and thus to increase the so-called European Peace Facility by €20 billion for this purpose.