The European Union’s executive arm proposed earmarking 500 million euros for joint defense procurement in the wake of the Russian invasion of Ukraine and the military aid EU nations have offered to Kyiv.
With the first-ever such pooling of resources, “it will avoid competition among member states for the same products and facilitate cost savings,” the European Commission said in a statement.
EU nations have participated in a massive military aid campaign for Ukraine and want to quickly top up their own supplies again. The European Commission hopes to have the joint-procurement system up and running by the end of the year.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
New SSI payment of up to $967 is coming on May 30. It’s not extra…
Families getting CalWORKs help will get their June 2025 money between the 1st and 3rd.…
Social Security checks in June 2025 will follow the usual schedule, but some people may…
House Republicans have passed a huge new bill that could change Medicare in big ways.…
Thousands of people are asking if SSI recipients will get a $600 boost in June…
Student loan delinquencies are rising fast, especially in Southern states like Mississippi, Alabama, and West…