Europe edges closer to major arms boost for Ukraine as stockpiles run low

Europe edges closer to major arms boost for Ukraine as stockpile run low

was poised on Wednesday to confirm a €2bn proposal to both speed up shipments of artillery ammunition to Ukraine and increase European production.

The second part of the EU plan would be a fast-track procedure to sign contracts with manufacturers of 155mm shells in EU countries and Norway. And the third foresees using EU money to help European arms companies boost capacity and efficiency.Speaking at the European Parliament in Strasbourg on Wednesday,said Russian forces were firing between 20,000 and 50,000 artillery shells per day, compared to Ukraine’s estimated 2,000 to 7,000.

The plan comes as EU arms companies have called for cast-iron contracts before ramping up production.

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