The leader in this process is Denmark, where funds are sent to the Ukrainian defense industry.
Madam Ambassador of the European Union to Ukraine Katarina Maternova said that the European Union allocated 400 million euros from the proceeds of Russia’s frozen assets to support the Ukrainian defense industry. Part of these funds were used to finance self-propelled guns Bogdana. He said this in an interview Interfax-Ukraine.
“The great new thing is that 400 million euros are sent directly to the defense industry of Ukraine. And this is to support the Ukrainian defense industry, which produces faster and cheaper and it is more convenient for the economy of Ukraine ,” said Maternova.
The leader in this process is Denmark, where funds are sent to the Ukrainian defense industry.
“Denmark was the first, so we turned to them to help us channel the funds received from fixed assets.
At the moment, he cannot say how much the allocation of funds for the Ukrainian defense industry will increase, because the decision has not been finalized, but he assured that the amount will increase.
“With 18 self-propelled guns Bogdanathat they acquired was financed by the EU using funds received from the proceeds of frozen Russian assets,” said Maternova.
It was previously reported that the Ukrainian military has already received 18 artillery installations Bogdan, the production was financed by Denmark.
Let’s recall that in August Denmark announced a new package of donations worth about 783 million Danish kroner (more than 104 million euros) to support Ukraine’s military needs. The main fund will be spent on the purchase of new military equipment through the Ukrainian defense industry and international partners.
Source: korrespondent

I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.