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EU’s weapons kitty runs dry as Ukraine seeks more arms
Pollutico ^ | October 14, 2022 | Jacopo Barigazzi

Posted on 10/18/2022 9:28:37 PM PDT by kiryandil

A much-touted EU fund meant to help countries replace weapons shipped to Ukraine is increasingly unable to cover an influx of reimbursement requests — and it hasn’t even sent out its first payment.

Days after Russia’s war began, the EU set up a €‎500 million pot, encouraging countries to arm Kyiv and ask the EU to foot the bill. After looking at the receipts it received, Brussels determined it could cover about 85 percent of the costs, according to estimates shared by three diplomats.

Then the EU authorized an even bigger pot — eventually totaling €1.5 billion. That’s when the flood of receipts started. The EU got so many requests that it calculated Brussels could only cover roughly 46 percent of the asks, the estimates show.

The plummeting percentage angered Poland, one of the EU’s largest weapons donors to Ukraine — and a leading reimbursement seeker, having submitted €1.8 billion in receipts, according to the diplomats. For days, the country blocked a final agreement on disbursing the second tranche of money, hoping to negotiate a higher rate.

"For them, below 50 percent is just too little,” one diplomat noted.

But Warsaw ultimately relented, agreeing on Wednesday to the 46 percent figure, according to diplomats. The move came as frustration mounted among other member countries who saw Poland as standing between them and large EU payments.

Still, the waning payback scheme risks damaging the EU’s reputation as a reliable military partner — just as Ukraine implores Europe for more weapons to aid a counteroffensive and fend off renewed Russian bombardments. Already, EU powers Germany and France are facing criticism for not donating enough, while some smaller countries say they’re running low on supplies.

(Excerpt) Read more at politico.eu ...


TOPICS: Chit/Chat
KEYWORDS: broke; debt; deficit; dodindustrialcomplex; europeanunion; filthygreentshirt; greasysob; inflation; jacopobarigazzi; kleptocrats; poland; thegrift; ukraine
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The old Soviet weapons for new NATO weapons grift continues, with the EU kleptocrats and MIC contractors standing by with their personal money skimmers at the ready.
1 posted on 10/18/2022 9:28:37 PM PDT by kiryandil
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To: kiryandil

So dry that even Germany has severe, severe issues.

“The German Army (Bundeswehr) has enough ammunition for only one or two days of warfare, the German edition of news website Business Insider (BI) reported on Saturday, citing defense industry and parliamentary sources.”

‘German army has ammo for only two days of war – media’
https://archive.ph/mov4y#selection-903.10-903.63
.
.
.
“The Ukraine war ‘bubble’ is deflating as the U.S. and Europe reach the bottom of the arms ‘inventory barrel’.”
https://strategic-culture.org/news/2022/10/17/leviathan-super-cycle-ends-western-leaders-pretend-they-didnt-notice/

“The U.S. and Europe are running out of weapons to send to Ukraine”
https://www.cnbc.com/2022/09/28/the-us-and-europe-are-running-out-of-weapons-to-send-to-ukraine.html

‘Ukraine’s Allies Can’t Get Arms Fast Enough as Stockpiles Shrink’
https://www.bloomberg.com/news/articles/2022-10-10/ukraine-s-allies-can-t-get-arms-fast-enough-as-stockpiles-shrink#xj4y7vzkg

‘US Army exhausts its ability to supply ammunition to Ukraine’
https://www.archyde.com/us-army-exhausts-its-ability-to-supply-ammunition-to-ukraine/

‘US ammunition supplies dwindle as Ukraine war drains stockpiles’
https://www.abc.net.au/news/2022-10-08/us-running-out-of-ammunitions-to-send-to-ukraine-war/101515370


2 posted on 10/18/2022 9:31:25 PM PDT by cranked
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To: kiryandil

GIBS-ME-DAT money!


3 posted on 10/18/2022 9:34:33 PM PDT by House Atreides (I’m now ULTRA-MAGA-PRO-MAX)
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To: House Atreides

No less than Pollutico spills on the scam.


4 posted on 10/18/2022 9:35:38 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: kiryandil

Israel is sitting on a huge cache of captured Soviet era weapons and munitions. They could if they wish get billions for these munitions. Yet given current world political realities, they know that in an all out prolonged war they can no longer depend on a prompt resupply from the US. Strategic reserves of aging munitions are too precious to sell.


5 posted on 10/18/2022 9:39:14 PM PDT by allendale
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To: kiryandil

The longer this goes the easier they make it for Russia to take all of Europe.


6 posted on 10/18/2022 9:39:24 PM PDT by McGruff (Don't underestimate Joe's ability to f*** things up - Barack Obama)
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To: kiryandil

https://www.youtube.com/watch?v=tBxLR5mvSSk


7 posted on 10/18/2022 9:39:35 PM PDT by Cathi
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To: kiryandil

Ukraine should be thankful that bullets are cheap given how many they using in their attempts to shot down drones in Kyiv with AK47s, rifles, etc.....just saying.


8 posted on 10/18/2022 9:40:04 PM PDT by cranked
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To: kiryandil

Alex Christoforo did a fantastic 30 mins on this today.


9 posted on 10/18/2022 9:42:34 PM PDT by JonPreston
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To: kiryandil

Anyone who bought defense stocks at the start of this nightmare may have made a brilliant investment.


10 posted on 10/18/2022 9:42:35 PM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire, or both.)
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To: House Atreides
EU Weapons Kitty:


11 posted on 10/18/2022 9:45:05 PM PDT by who_would_fardels_bear (This is not a tagline.)
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To: allendale

Very astute observation.


12 posted on 10/18/2022 9:48:14 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: JonPreston

Yeah, that’s where I got the article reference. :)


13 posted on 10/18/2022 9:49:04 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: BenLurkin

I guess it is fortunate the US is introducing a new rifle with 6.8 mm ammo.


14 posted on 10/18/2022 9:50:48 PM PDT by Fai Mao (Stop feeding the beast, and steal its food!)
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To: BenLurkin
Anyone who bought defense stocks at the start of this nightmare may have made a brilliant investment.

Who'd a thunk it?

Meanwhile, regime change in Europe continues, with Liz Truss up next on the chopping block.

TWO Brit prime ministers, so far...

15 posted on 10/18/2022 9:51:09 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: Fai Mao
a new rifle with 6.8 mm ammo

Good Lord.

These things will be bricks for how many years, until they get reserve ammo stocks up to a reasonable level?

16 posted on 10/18/2022 9:58:09 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: kiryandil

I often asked early in this war/conflict, especially concerning Zelenskyyidiot steadily begging, groveling, and pleading for more tanks, planes, money, etc., etc., etc., if a blackhole made a sound.

Welp, an answer was given a couple days ago.

“NASA is sharing the sound of a Blackhole....they have named it Ukraine”
https://www.youtube.com/watch?v=oK_J05Bx3h8


17 posted on 10/18/2022 9:58:12 PM PDT by cranked
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To: cranked
   

There's always the Zen koan:

What is the sound of one Ukie grifting?


18 posted on 10/18/2022 10:00:00 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: kiryandil

What are you Ukrainians doing with all the arms we already financed for you? Selling them to other countries maybe?


19 posted on 10/18/2022 10:08:34 PM PDT by lee martell
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To: Cathi

Weapons Kitty

20 posted on 10/18/2022 10:09:43 PM PDT by PGR88
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