To speed up the delivery of weapons to Ukraine, MEPs approved an increase in ammunition production

MEPs today approved a bill to increase ammunition production in the European Union in order to restore stocks and speed up deliveries to Ukraine. The "munitions production support" law was passed by 446 votes in favor, 67 against and 112 abstentions, at a mini-plenary session in Brussels.
In early May, the European Commission unveiled that plan, which includes 500 million euros to boost the EU's ammunition production capacity to one million missiles a year. It should enable the co-financing of industrialists' investments to increase the production of their factories in the EU.
According to Industry Commissioner Thierry Breton, together with the financing of the member states, the investment capacity would be one billion euros.
The MEPs who decided to implement the urgent procedure for the adoption of that law, should now start negotiations with the Council of the EU (member countries) to reach an agreement, and go to the final adoption at a plenary session in July.