Ukraine to channel up to €1bn in EU loans into joint defence projects
Ukraine is set to redirect up to €1 billion from its European Union loan funding into joint defence-industrial projects with European partners, according to a confidential European Commission document. The plan would focus on air and missile defence, drones, counter-drone systems and ammunition, and is intended to deepen cooperation between Kyiv's defence sector and manufacturers in Europe. It comes as Ukraine continues to seek ways to strengthen weapons production while managing mounting financing pressures linked to the war effort.The document says the money would go to the European Defence Industry Programme / Ukraine Support Instrument, which is currently worth €300... [Continue Reading]
360LiveNews | 02 Nov 2026 16:35 LONDON
More from 360LiveNews Opinion
