The European Commission on Tuesday proposed spending 500 million euros to finance joint defence purchases among member states to replenish weapons stocks following Russia’s invasion of Ukraine.
EU countries “have drawn on their stocks of ammunition, light and heavy artillery, anti-aircraft and anti-tank defence systems, and even armoured vehicles and tanks,” European Commissioner Thierry Breton warned.
“This has created a de facto vulnerability that now needs to be addressed urgently,” he added.
