STOCKHOLM: European Union defence ministers on Wednesday (Mar 8) discussed plans to raid their stockpiles to rush €1 billion (US$1.06 billion) worth of ammunition to Ukraine and place joint orders for more to ensure supplies keep flowing. Ukraine's Western backers warn that Kyiv is facing a critical shor
Ukraine's European allies have already depleted their shelves, committing about €12 billion of military support, with €3.6 billion coming from the joint fund.
The second part of the plan is to pool EU and Ukraine demands to place massive joint orders that would incentivise ammunition producers to ramp up their capacity. But EU officials say the money to cover Ukraine's needs could come from another €1 billion already in the joint kitty. "If there are other deliveries from other states, I don't think we should exclude that possibility," Sweden's Defence Minister Pal Jonson said.More broadly, there is a clear sense that after years of lower investment after the Cold War, more needs to be done to get EU defence firms to step up their output fast.
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