ProgramVerified
European Peace Facility
Off-budget EU fund financing military and defence actions under CFSP.
The European Peace Facility is an off-budget fund established in 2021 that finances EU actions under the Common Foreign and Security Policy with military and defence implications. It covers common costs of CSDP military missions and operations, and provides assistance measures including lethal and non-lethal equipment to partner countries.
Program detail
- Agency
- Council of the European Union
- Acronym
- EPF
- Budget
- €17B+ (2021–2027)
- Phase
- Active
- Domain
- Multi-domain
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Frequently asked
- What is European Peace Facility?
- The European Peace Facility is an off-budget fund established in 2021 that finances EU actions under the Common Foreign and Security Policy with military and defence implications. It covers common costs of CSDP military missions and operations, and provides assistance measures including lethal and non-lethal equipment to partner countries.
- Which agency runs European Peace Facility?
- European Peace Facility is run by Council of the European Union and is also known as EPF.
- What is the budget for European Peace Facility?
- European Peace Facility has a budget of €17B+ (2021–2027), currently in its Active phase.
Sources & citations1
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- 1
Over €17 billion financial ceiling for 2021-2027, initially set at €5.69 billion and topped up multiple times
Council of the European Union: European Peace FacilityVerified2024-03-01