Denmark, France and Lithuania allocate 150 mln EUR for Ukrainian weapons

Denmark, France and Lithuania have provided 150 million euros for Ukrainian weapons. The funds will be used to produce missiles, drones, and artillery pieces.

This was reported by RBC-Ukraine, citing a statement by Ukrainian Defense Minister Rustem Umerov.

“Ukraine has received more than 150 million euros (6.5 billion hryvnias) to finance the Ukrainian defense industry from Denmark, France and Lithuania,” the minister said.

He explained that 111 million euros of these funds will be used to implement agreements within the framework of cooperation between the Ministry of Defense, the Ministry of Strategic Industry and the Ministry of Defense of Denmark to strengthen the Armed Forces with the latest domestic-made weapons.

Another €29 million is a grant from the French government to strengthen Ukraine's security and defense.

Another EUR 10 million was allocated by Lithuania under a joint memorandum for the development of the Ukrainian defense industry.

“These funds will be used, among other things, to produce missiles, deep-strike drones and artillery systems,” Umerov added.

Author - Dmitriy Levchenko, 30/12/2024