Economic news

Germany only has 20,000 high explosive artillery shells left – report

2023.06.19 14:25



BERLIN (Reuters) – Germany’s armed forces only have around 20,000 high explosive artillery shells left, magazine Der Spiegel wrote on Monday citing confidential defence ministry papers prepared to convince the budget committee of the need for urgent purchases.

Countries like Germany have rushed to send supplies of 155m artillery rounds used by howitzers to Ukraine in the wake of its invasion by Russia in February 2022, running down stocks for their own defence.

Germany’s military needs to build up an inventory of some 230,000 shells by 2031 to comply with NATO goals to have enough artillery to withstand 30 days of intensive combat, Der Spiegel wrote.

The defence ministry did not immediately reply to a request for comment.

The ministry aims to present the budget committee with nine contracts for the accelerated purchase of artillery and tank ammunition in coming months, Der Spiegel wrote.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 103,875.83 0.70%
ethereum
Ethereum (ETH) $ 2,585.95 1.92%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.41 1.93%
bnb
BNB (BNB) $ 649.45 0.36%
solana
Solana (SOL) $ 170.45 0.05%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.225933 1.84%
cardano
Cardano (ADA) $ 0.771142 0.31%
tron
TRON (TRX) $ 0.272482 0.59%
staked-ether
Lido Staked Ether (STETH) $ 2,582.83 2.15%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,951.85 0.78%
sui
Sui (SUI) $ 3.85 0.19%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,102.70 1.50%
chainlink
Chainlink (LINK) $ 16.04 0.93%
avalanche-2
Avalanche (AVAX) $ 23.46 0.11%
hyperliquid
Hyperliquid (HYPE) $ 27.84 9.55%
stellar
Stellar (XLM) $ 0.296634 0.07%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 0.32%
hedera-hashgraph
Hedera (HBAR) $ 0.198364 0.05%
leo-token
LEO Token (LEO) $ 8.88 0.00%
bitcoin-cash
Bitcoin Cash (BCH) $ 400.60 1.95%
the-open-network
Toncoin (TON) $ 3.15 2.05%
litecoin
Litecoin (LTC) $ 100.95 2.68%
polkadot
Polkadot (DOT) $ 4.83 0.56%
weth
WETH (WETH) $ 2,586.06 2.23%
usds
USDS (USDS) $ 1.00 0.01%
monero
Monero (XMR) $ 337.68 0.19%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,758.14 2.21%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.01 0.58%
bitget-token
Bitget Token (BGB) $ 4.98 3.27%
pepe
Pepe (PEPE) $ 0.000013 1.17%
pi-network
Pi Network (PI) $ 0.770178 12.48%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.04%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,810.81 0.72%
whitebit
WhiteBIT Coin (WBT) $ 30.13 0.50%
bittensor
Bittensor (TAO) $ 434.55 0.49%
uniswap
Uniswap (UNI) $ 6.23 0.41%
dai
Dai (DAI) $ 0.999932 0.04%
aave
Aave (AAVE) $ 233.25 3.52%
near
NEAR Protocol (NEAR) $ 2.85 1.84%
aptos
Aptos (APT) $ 5.33 1.72%
okb
OKB (OKB) $ 53.35 0.11%
kaspa
Kaspa (KAS) $ 0.121129 3.04%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 204.76 0.29%
ondo-finance
Ondo (ONDO) $ 0.964549 2.34%
tokenize-xchange
Tokenize Xchange (TKX) $ 36.55 2.99%
crypto-com-chain
Cronos (CRO) $ 0.100897 0.98%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
internet-computer
Internet Computer (ICP) $ 5.39 0.65%