Finland has once again demonstrated its readiness to support Ukraine in its fight for independence and territorial integrity, using an innovative approach to financing defense assistance
The country has made a decision to participate in the European Union’s program, which involves directing proceeds from frozen Russian assets—confiscated as part of efforts to counter Russian aggression—toward the needs of the Ukrainian armed forces. Thus, the Finnish government plans to supply Ukraine with modern weaponry, including large-caliber ammunition, financed from funds generated through the revenues of frozen Russian assets in Europe. This is an important step in showing solidarity with Kyiv and a new example of how innovative financing mechanisms help maintain Ukraine’s defenses under challenging conditions. According to information obtained from the Finnish Ministry of Defence and confirmed by "The European Truth," this program entails allocating 90 million euros for the procurement of military equipment, including large-caliber ammunition. All procurement processes will be conducted through the Finnish defense industry, with payments specifically drawn from the income generated by frozen Russian assets stored and managed within the framework of the European financial mechanism. These funds are directly channeled through the European Peace Fund, which acts as a financial intermediary, to support the Ukrainian military. Finnish Defence Minister Antti Häkkanen emphasized: "This initiative combines support for Ukraine with the development of our defense industry. Alongside our national aid package of 660 million euros, our participation in this program reinforces a closer link between the Finnish defense industry and the needs of Ukrainian defenders. It is a great example of how investments in our defense industrial complex offer substantial opportunities. They contribute to increasing production capacity and the ability to respond swiftly to the challenges of modern warfare." This step is a logical continuation of Finland’s active financial support for Ukraine and other countries in the region. It is worth noting that on May 18, Denmark announced the provision of long-term military aid to Ukrainian defenders, allocating approximately 560 million euros. This fits into a broader international strategic cooperation aimed at supporting Ukraine in countering Russian aggression, with Poland, Lithuania, Latvia, Estonia, and other countries actively participating by providing humanitarian aid, weapons, and financial support. It is also important to mention that the future use of frozen Russian assets in Europe remains an open question. Several scenarios and proposals exist regarding their redistribution, including the possibility of directing some of these funds toward Ukraine’s reconstruction or other humanitarian goals. Nevertheless, despite this uncertainty, it is already clear that Ukraine is receiving significant assistance not only in the form of weapons but also through new financing mechanisms based on international solidarity and the desire to strengthen its defense capabilities amidst a prolonged military crisis.