EU Provides Ukraine with €2 Billion Worth of Ammunition and Artillery Shells

Eighteen European nations have agreed to jointly buy ammunition to replenish Ukraine's dwindling arsenal of artillery shells. The European Union has set aside €1 billion for the short-term initiative, which asks member nations to give Ukraine whatever artillery munitions they have left in their stocks and additionally route newly ordered top-ups to Kyiv. Another €1 billion is available for the seven-year joint acquisition plan. The initiative aims to provide a fast-track procedure, allowing for the tendering process to be simplified and contracts put into place at short notice.