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The European Union breaks the bank and the Russian army pushes

The European Union breaks the bank and the Russian army pushes
The European Union breaks the bank and the Russian army pushes

Recap' – “20 Minutes” takes stock for you every evening on the progress of the conflict in Ukraine

Did you miss the latest events on the war in Ukraine? 20 Minutes takes stock for you every evening. Between the strong declarations, the advances on the front and the results of the fighting, here is the essential part of this Thursday, the 995th day of the war.

Fact of the day

This is a great first. The European Union announced this Thursday that it had financed the joint purchase of arms by the 27, most of which were for Ukraine. The EU had, of course, already financed arms purchases to help kyiv, but it did so outside its budget, thanks to an ad hoc financial instrument.

“This is the first time that we have used the EU budget to support Member States in the joint purchase” of weapons, underlined Thursday the Vice-President of the European Commission Margrethe Vestager, quoted in a press release.

The EU has thus invested 300 million euros to help around twenty member states buy anti-aircraft defense equipment, armored vehicles and munitions, most of which will go to Ukraine at war, according to this text.

Since Russia's invasion of Ukraine on February 24, 2022, the EU has been working to strengthen its defense industry and its ability to help kyiv. It has thus set up a financial aid mechanism aimed at encouraging the purchase of ammunition by the 27, (…) Read more on 20minutes

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