NATO chief seeks 40bn euros per year for Ukraine military aid

PRAGUE: NATO chief Jens Stoltenberg will ask allies to pledge a minimum of 40 billion euros ($43.37 billion) annually to fund military aid for Ukraine, an alliance source told Reuters on Thursday.

“We need to sustain that current level of support as a minimum to provide the predictability Ukraine needs, for as long as necessary,” the NATO source said, adding that allies had provided some 40 billion euros per year since Russia’s full-scale invasion of Ukraine in 2022.

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NATO foreign ministers were to gather on Thursday evening for a two-day meeting in Prague and were expected to discuss Stoltenberg’s proposal during a working session on Friday.