March 1, 2023
EU Eyes Extra 1B Euros on Ammunition for Ukraine
The EU is looking to allocate an additional one billion euros for urgently needed ammunition for Ukraine as Kyiv burns through vast numbers of shells….
Ukraine’s Western backers are scrambling to ramp up supplies of 155-millimeter shells….
European officials estimate that Ukrainian forces are using up to 7,000 shells per day….
In a bid to speed up ammunition to Ukraine, EU foreign policy chief Josep Borrell is proposing using an additional one billion euros ($1.07 billion) in joint funds to get member states to dig into their stockpiles.
The money would come from the bloc’s European Peace Facility, which has already dedicated 3.6 billion euros towards arming Ukraine since the start of the invasion last February, the document circulated to EU states said.
The proposal will be discussed by EU defense ministers at a meeting on…
View original post 85 more words
One thought on “EU to rush ammunition to Ukraine from *European Peace Facility*”