Russia's attack on Ukraine continues, in Donetsk region © REUTERS
Politico: EU looks to dedicate €1B to howitzer shells for Ukraine
Europe wants to ensure its funds are specifically channeled to the artillery rounds that Ukraine desperately needs to fight Russia.
BRUSSELS — In a new blueprint for military support to Ukraine, the European Union will propose that €1 billion should be specifically dedicated to ammunition, particularly 155mm artillery shells, according to a document seen by POLITICO.
The EU is helping supply Ukraine with arms through an off-budget, inter-governmental cash pot called the European Peace Facility, which is used to reimburse countries that export arms to Ukraine. So far, the facility has disbursed €3.6 billion in military aid to Ukraine, with member countries deciding last December to increase its funding by €2 billion in 2023.
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WNU Editor: The expectation is that this plan to ramp up artillery production will be approved during a summit in Brussels on March 23-24.
EU Prepared To Spend €1Billion Solely On Artillery Supply Production For Ukraine
EU proposes three-track approach to secure ammunition for Ukraine, support industry -- Euractiv
EU to Propose Three-Track Plan to Boost Ukraine Ammo Supplies -- Bloomberg
EU mulls billions in funding to quicken artillery shell production -- Defense News
EU ‘set to dedicate €1billion solely on artillery supply production for Ukraine’ -- Evening Standard
European Union officials set up scheme to speed up delivery of howitzer artillery rounds to Ukraine -- FOX News/AP
1 comment:
the joke continues, meanwhile 0% money for hunger, health and catastrophes, bunch of clowns, men without a brain well as buddha said, end times men who THINK will be rare as purest gold
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