Three years of reporting, funded by our readers — become a member now and help us prepare for 2025.
Goal: 1,000 new members for our birthday. Gift a membership to your friend and help us prepare for what 2025 might bring.
Become a member Gift membership
Skip to content
Edit post

Bloomberg: Germany allocates $325 million to Czech-led initiative for Ukraine

by Kateryna Hodunova March 22, 2024 12:25 PM 2 min read
A Ukrainian soldier prepares 155mm artillery shells in his fighting position as Ukrainian Army conduct operation to target trenches of Russian forces through the Donetsk Oblast amid Russia-Ukraine war, on Aug. 6, 2023. (Diego Herrera Carcedo/Anadolu Agency via Getty Images)
This audio is created with AI assistance

Berlin has pledged 300 million euros ($325 million) to a Czech-led initiative to provide Ukraine with hundreds of thousands of artillery shells, Bloomberg reported on March 21, citing people familiar with the decision.

Czech President Petr Pavel said in February at the Munich Conference that Prague had found 500,000 155 mm shells and 300,000 122 mm shells outside Europe that could be sent to Ukraine within weeks if the necessary funds were allocated to the initiative.

Artillery shells are a crucial capability for Ukraine as the country faces critical ammunition shortages. Delays in U.S. military assistance, caused by disputes in Congress, have already had a direct impact on the battlefield, contributing to the loss of the key front-line city of Avdiivka.

AFP reported on March 6 that Germany would pledge a "three-digit million euro sum" to the Czech initiative, citing Chancellor Olaf Scholz's spokesperson, Steffen Hebestreit.

Three hundred million euros ($325 million) will be enough to cover around 180,000 shells, Bloomberg said, citing people who declined to be named. German Defense Minister Boris Pistorius also said that Berlin would cover the purchase of 180,000 shells earlier this week.

Several other states, including France, the Netherlands, Canada, Lithuania,  and Belgium, agreed to join the initiative.

Ukraine's Prime Minister Denys Shmyhal expressed hopes to get enough ammunition by April, also thanks to assistance from allies. Czech officials named July as the earliest date of first deliveries.

Since the beginning of 2024, Russia has fired seven times more shells than Ukraine, according to Lieutenant General Ivan Havryliuk, Ukraine's deputy defense minister.

Zaporizhzhia’s Dnipro Hydroelectric Power Plant hit amid Russian attack on energy infrastructure
Zaporizhzhia’s Dnipro Hydroelectric Station, Ukraine’s largest hydroelectric power plant, was hit during a Russian missile attack against Ukrainian energy infrastructure, Ukrhydroenergo announced on March 22.
Three years of reporting, funded by our readers.
Millions read the Kyiv Independent, but only one in 10,000 readers makes a financial contribution. Thanks to our community we've been able to keep our reporting free and accessible to everyone. For our third birthday, we're looking for 1,000 new members to help fund our mission and to help us prepare for what 2025 might bring.
Three years. Millions of readers. All thanks to 12,000 supporters.
It’s thanks to readers like you that we can celebrate another birthday this November. We’re looking for another 1,000 members to help fund our mission, keep our journalism accessible for all, and prepare for whatever 2025 might bring. Consider gifting a membership today or help us spread the word.
Help us get 1,000 new members!
Become a member Gift membership
visa masterCard americanExpress

News Feed

1:40 PM

Merkel describes Trump as 'fascinated by Putin' in her memoir.

"(Donald Trump) saw everything from the point of view of a property developer, which is what he was before he came into politics. Every plot of land could only be sold once, and if he didn't get it, someone else would," Angela Merkel says in her memoir.
11:54 PM

Biden seeks to cancel over $4.5 billion of Ukraine's debt.

"We have taken the step that was outlined in the law to cancel those loans, provide that economic assistance to Ukraine, and now Congress is welcome to take it up if they wish," U.S. State Department spokesperson Matthew Miller said on Nov. 20.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.