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Europe on quest for ammunition for Ukraine

Ukraine is still in dire need of ammunition, but at the same time EU member states need to turn their attention to their own depleted stocks, Report informs referring to Bloomberg.

Defense ministers meeting in Sweden on March 8 are expected to give their blessing to a plan to send more rounds to Kyiv.

Additionally they will need to discuss details and financing for any possible joint procurement.

After all, while the European Commission has called for aggregating orders to European industry and pledged to propose measures to cut back on red-tape or other bottlenecks hindering the industry from ramping up output, the EU’s proposal hasn’t yet clarified how this would be funded.

That raises questions over whether its leaders will be in a position to sign off on a concrete plan when they meet in Brussels on March 23-24.

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