European Peace Facility
The European Peace Facility (EPF) is an instrument that is used to finance external actions that have military or defence implications. It also enables the provision of assistance to partner countries in peace-keeping operations.
EPF 2021-2027 in 2018 prices
(in billion €)
- March 2021 - initial financial ceiling
- December 2022 - 1st financial ceiling increase
- June 2023 - 2nd financial ceiling increase
Total €10,5 billion (€12 billion in current prices)
Why?
The EPF will help prevent conflict, preserve peace and strengthen international security and stability.
Empower partner countries and regional and international organisations to do the same.
How?
The EPF will operate through missions and operations as well as assistance measures in host countries, which may include the supply of:
- military and defence related equipment
- infrastructure
- technical support