Brussels plans to finance joint EU weapons procurement for the first time https://t.co/LnyClvuhye
— FT Europe (@ftbrussels) July 19, 2022
Politico: European Commission sets out joint weapon-purchase plan
Aim is to replenish stocks of arms after many EU countries supplied Ukraine
The European Commission laid out plans Tuesday that will allow European Union nations to jointly purchase weapons, amid growing appeals from Ukraine for more military support in their pushback against Russian forces.
The initiative will allow the EU to replenish arms that have already been provided to Ukraine, the Commission’s Internal Market Commissioner Thierry Breton said.
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Update #1: EU Investment Tool Aims to Boost Joint Weapons Purchases (Bloomberg)
Update #2: EU mulls joint arms purchases to boost stocks depleted due to war in Ukraine (AFP)
Update #3: EU Proposes Joint Arms Purchases to Replenish Stocks (The Defense Post)
WNU Editor: This is what the EU kleptocrats have long dreamed about. It will be the EU bureaucracy and not member states deciding what weapons will be purchased.
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