Netherlands pledges $500M for Ukraine under new NATO fund
The Netherlands has become the first NATO member to commit funds under a new military financing plan for Ukraine, pledging €500 million (around $578 million) to support Kyiv’s defence needs.
The Netherlands has become the first NATO member to commit funds under a new military financing plan for Ukraine, pledging €500 million (around $578 million) to support Kyiv’s defence needs.
Germany is preparing multi-billion-euro defence purchases including jets and thousands of armoured vehicles, aiming to create Europe’s most powerful army amid concerns over U.S. reliability.
Ukrainian Prime Minister Denys Shmyhal held talks with Spanish Prime Minister Pedro Sánchez in Madrid on Sunday, focusing on enhanced military cooperation, joint defence production, and Ukraine’s bid to begin European Union accession talks.
Italy’s Prime Minister Giorgia Meloni met with NATO Secretary General Mark Rutte in Rome on Thursday in preparation for the upcoming NATO summit in The Hague later this month, where defence spending will be a key focus.
Twelve European Union member states have asked Brussels to trigger the “national escape clause” in EU fiscal rules, aiming to raise defence spending without facing budget penalties, the European Commission said on Wednesday.
Germany’s Bundestag will debate major infrastructure spending and defence funding reforms from 13 March, with a vote set for 18 March. Key parties negotiate over debt rule changes and a €500 billion fund.
Poland to prioritise joint EU defence funding during its presidency, urging unity on security as a shared European goal. Ministers to explore funding options in April.
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