“Within the ASAP program, the European Union has promised to allocate from 500 million to 1 billion euros to support ammunition production. Source: “European Truth” with reference to Euractiv Details: According to Euractiv sources, the EU states have promised to allocate at least 500 million euros to continue the act of supporting the production of ammunition (ASAP) for another year – until July 2026.”, – WRITE: www.pravda.com.ua
Source: “European Truth” with reference to Euractiv
Details: According to Euractiv sources, EU countries have promised to allocate at least 500 million euros to continue the act of supporting the production of ammunition (ASAP) for another year-until July 2026.
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Some portal interlocutors specify that the exact amount is 750 million to 1 billion euros – more than twice as much as the current ASAP financing (500 million euros per year).
The proposal to continue the ASAP in May was submitted by the European Commission, and this decision requires the consent of the Council of EU and the European Parliament.
According to Euractiv, the European Commission will announce a new competition of proposals from industrial enterprises for funding within the program after the Euractiv continued its approval of the ASAP.
Recall that the ASAP program was launched in 2023 to expand and accelerate the production of artillery ammunition and missiles in Europe, in particular by optimizing supply chains and eliminating narrow places.
It is part of the broader EU efforts to overcome a serious shortage of ammunition that impedes the supply of Ukraine to combat full -scale Russian aggression.
Also read the interview with “Euro truth” with Andrew Kublyus: peace in Ukraine will bring Russia’s attack on the EU, there is only one way to restrain it.