EU’s Weapons Fund To Support Weapon Transfers To Ukraine Is Running Out Of Money

With the increased demand, the reimbursement rate dropped from initially 85% to roughly 46% of the asks, according to estimates. [Shutterstock/Olha Solodenko]  

Politico: EU’s weapons kitty runs dry as Ukraine seeks more arms 

Brussels initially covered 85 percent of reimbursement requests for Ukraine donations, but that number has dropped to less than half. 

A much-touted EU fund meant to help countries replace weapons shipped to Ukraine is increasingly unable to cover an influx of reimbursement requests — and it hasn’t even sent out its first payment. 

Days after Russia’s war began, the EU set up a €‎500 million pot, encouraging countries to arm Kyiv and ask the EU to foot the bill. After looking at the receipts it received, Brussels determined it could cover about 85 percent of the costs, according to estimates shared by three diplomats.  

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Update: EU arms fund faces reimbursement issues amid increased Ukrainian needs (Euractiv) 

WNU Editor: A friend of mine said to me last week that when this European fund is out of money, EU politicians will lose interest in sending their old weapons to Ukraine to get some of it reimbursed from this fund. 

I said yes, but let us see how long will it take for the EU to replenish this fund. 

Sighhhh .... it did not take long .... EU to OK more money for Ukraine weapons, soldier training (Politico). More here .... EU set to train 15,000 Ukrainian troops, provide more arms funding for Kyiv (Euractiv).