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Home News EU Czechia

Czechia to buy several hundred thousand rounds of ammunition for Ukraine using frozen Russian assets

Newsroom by Newsroom
August 20, 2024
in Czechia
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The Czech Republic has acquired another important source of funds, which it will use to finance the supply of much-needed large-caliber ammunition for Ukraine — profits from the assets of the Russian Central Bank frozen in the EU countries.

That is according to the Czech Defense Ministry, Ukrinform reports.

“Thanks to the use of revenues from frozen Russian finances, released by the European Union, we will be able to supply Ukraine with several hundred thousand pieces of large-caliber ammunition,” Czech Defense Minister Jana Cernochova said.

According to the…



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