EU foreign and defence ministers have agreed to supply 1mn rounds of ammunition to Ukraine within a year, buying new shells only from European arms producers even as they face bottlenecks in ramping up their production.
The plan envisages using €2bn from a joint fund, the European Peace Facility (EPF), and comes in response to demands by Kyiv for 155mm shells and other artillery supplies it says it needs to fight back against Russian attacks.
But the sum is unlikely to satisfy the European arms industry’s projected needs, with Armin Papperger, chief executive of Rheinmetall, calling for larger commitments from governments.
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