EU plans to boost ammunition production to aid Ukraine

BRUSSELS: The European Union's executive wants to set aside more than €500 million to increase ammunition production to help Ukraine and replenish the stocks of EU member countries.

"When it comes to defence, our industry must now switch to war economy mode," Thierry Breton, the commissioner for the EU's internal market, said in remarks released before the official announcement.The scheme is the third part of a broader EU effort to get more ammunition and arms to Ukraine, particularly 155 millimetre artillery shells, which Kyiv is pleading for as the fight against Russia's invasion has become a war of attrition.

It has allocated another 1 billion euros for the joint procurement of such munitions - although that part of the plan has been held up by wrangling over the extent to which they should be produced in Europe.

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