Finland Uses Frozen Russian Funds to Support Ukraine and its Defence Industry with Heavy Ammunition.
· 19 May, 2025 - 9:53
On May 19, 2025, Finland signed an agreement with the European Commission to supply Ukraine with heavy ammunition funded by interest generated from frozen Russian assets. Valued at €90 million, the initiative will be implemented through the European Peace Facility (EPF), an off-budget mechanism of the European Union dedicated to supporting military partners abroad. Finland is among the first EU member states to activate this new financing method, which aims to transform the sanctions regime into a concrete channel for military assistance to Kyiv.
According to Finnish Defence Minister Antti Häkkänen, the initiative serves both as a means to support local employment and to respond effectively to Ukraine’s operational needs (Picture source: Nammo)
The ammunition will be sourced from Finnish suppliers, allowing Helsinki to combine its support for Ukraine with the reinforcement of its domestic defence industry. According to Finnish Defence Minister Antti Häkkänen, the initiative serves both as a means to support local employment and to respond effectively to Ukraine’s operational needs. He indicated that negotiations with the European Commission led to the allocation of additional funding and that purchasing from domestic industry helps enhance both European security and Finland’s economic resilience.
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Sammendrag:
- Donald Trump og Vladimir Putin diskuterte Ukraina-krigen i en to timer lang telefonsamtale.
- Putin beskriver samtalen som informativ og understreker behovet for kompromisser mellom Russland og Ukraina.
- Trump snakket med Ukrainas president Zelenskyj før han ringte Putin.
- Partene utvekslet 1000 krigsfanger hver (Gammelt nytt. Red.) , men oppnådde ingen våpenhvile.
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