EU officials are looking for a way to speed up the delivery of howitzer artillery rounds to Ukraine. They are also discussing dedicating an extra billion euros to help the country.
officials and countries from the 27-nation bloc are discussing plans to dedicate an extra billion euros as well as setting up a joint procurement scheme to speed up the delivery of howitzer artillery rounds that Ukraine says are crucial to countering Russian forces., the idea of setting up a plan of action similar to the one devised during the coronavirus pandemic to buy vaccines was first brought to the table last month by Estonian Prime Minister Kaja Kallas.
U.S.-SUPPLIED HOWITZERS HAVE REACHED UKRAINE MILITARY, AMID ONGOING WAR WITH RUSSIA: DEFENSE MINISTER Under the latest proposal, member countries providing ammunition immediately would be guaranteed to be repaid quickly and at high rates of reimbursement. To fund the project, member states would need to use an additional billion euros after they already agreed in December to top up the European Peace Facility by a further 2 billion euros, with a possibility of an additional 3.5 billion.The EU will also encourage third countries to join the fund, the official said."We’re in discussions with the Norwegians, with potential interest from the Canadians.
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