Zelensky demands money addressed to modern cannon NATO

The Ukrainian War was the focus of the NATO summit in Madrid, and its Secretary-General Jens Stoltenberg was considered “extremely important” to the future of the alliance on Wednesday. Finland and Sweden will be officially invited to join the alliance after Turkey withdraws opposition on Tuesday. Follow the live blog for the latest developments. All times are Paris time, GMT + 2.

2:40 pm: EU reallocates € 3.5 billion of regional funds to accept Ukrainian refugees

European Union officials said Wednesday a new € 3.5 billion from a regional development fund available to accept Ukrainian refugees after about 6.2 million people fled to the block since Russia invaded its neighbors on February 24. Earned ($ 3.7 billion).

Russia intensified its attacks on all sides the day after a missile strike at a shopping mall killed at least 18 people in central Ukraine on Wednesday.

“EU member states have welcomed millions of Ukrainians fleeing the war, but they must also deal with their economic implications: additional costs and supply chain difficulties,” the European Commission said. Valdis Donbroski, Vice-Chairman of the Union, said.

2:35 pm: Zelensky demands NATO modern cannons and money

President Volodymyr Zelensky told NATO leaders Wednesday that Ukraine needs modern weapons and more financial assistance in the fight against Russia’s aggression.

“We need to break the dominance of Russian artillery … we need a more modern system, modern artillery,” Zelensky told the NATO summit in Madrid in a videolink.

He added that financial support is “as important as weapons support.”

“Russia still receives billions of dollars every day and spends it in war. It has a billion-dollar deficit and no oil and gas to make up for it,” Zelensky said, Ukraine for defense. He added that he needed about $ 5 billion a month.

The United States and Canada, which are far less dependent on Russia as an energy supplier than Europe, have banned all Russian oil imports.

However, the European Union has introduced a gradual oil embargo as part of its sanctions on Moscow.

2:08 pm: Russia has not been “threatening” to build US troops in Europe, says Deputy Foreign Minister

Russia said Wednesday that tensions over Moscow’s military intervention in Ukraine would not threaten US military reinforcements in Europe.

Deputy Foreign Minister Sergei Ryabkov told reporters, “I think it is under the illusion that those who propose such a solution can intimidate Russia and somehow suppress it. They won’t succeed. “

1:55 pm: Macron, Prime Minister Erdogan discusses how to export Ukrainian grain

French President Emmanuel Macron and Turkish President Recep Tayyip Erdogan discussed at the NATO summit in Spain the importance of finding a way to get Ukraine to export grain and ensuring the safety of the port of Odessa.

Macron also welcomed Sweden and Finland’s plans to join NATO and added a statement from Macron’s office.

1:08 pm: Russia may buy “friendly” national currencies to weaken the ruble

Russia’s Treasury Minister begins buying currencies of “friendly” countries as a means of countering the ruble’s surge and seeks to use their holdings to influence the dollar-euro exchange rate. Said there is a possibility.

The ruble surged to a seven-year high, boosted by capital restrictions, including restricting Russians from withdrawing foreign currency savings.

Russian authorities purchased foreign currency through market intervention in early 2022 under budget rules designed to protect foreign currency from external shocks in order to ease pressure on the plunging ruble. It has stopped.

12:50 pm: Pope Francis says shopping centers bomb the latest “barbaric” attacks

Pope Francis on Wednesday called the bombing of a crowded shopping center in the city of Kremenchuk the latest in a series of “barbaric attacks” on Ukraine.

Ukraine said Russia’s missile attack killed at least 18 people and injured about 60 on Monday. The Russian Defense Ministry has said it has achieved its legitimate military goals and that shopping centers are not in use.

12:05 pm: The Task Force has frozen $ 330 billion in Russian assets since the invasion of Ukraine

The group announced on Wednesday that the Sanctions Task Force of Ukraine’s major allies has frozen more than $ 330 billion of financial resources owned by the Russian elite and central bank since the invasion of Moscow’s troops.

Russia’s elite, agent, Oligarch Task Force (REPO) said in a joint statement that it blocked $ 30 billion in assets of Russian oligarchs and officials and fixed $ 300 billion owned by the Russian central bank. ..

The REPO was formed on March 17, three weeks after the invasion of Ukraine, to economically increase pressure on Moscow in the hope that Russian President Vladimir Putin would end the war. Its members include the United States, Australia, France, Canada, Germany, Japan, Italy, the United Kingdom, and the highest financial and judicial authorities of the European Commission.

11:53 am: Biden says US will change troops in Europe based on threats

US President Joe Biden said at a NATO summit in Madrid that the United States is changing its position in Europe based on the threat from Russia and other directions after the invasion of Ukraine.

He confirmed that the United States would increase the number of Spanish destroyers from four to six, and said Washington would send two more F-35 fleets to the United Kingdom to establish the Fifth Army Council in Poland. ..

11:34 am: NATO delegations expect the summit to “redefine the order of the European Atlantic”

France24 Salamoris reports from Madrid.

9:56 am: “You can’t win,” the Spanish Prime Minister tells Putin

Spain’s Prime Minister Pedro Sanchez, the organizer of this week’s NATO summit, said on Wednesday that the alliance has delivered a powerful message to President Vladimir Putin about Russia’s invasion of Ukraine.

Earlier, Sanchez stated that Russia would be identified as NATO’s “major threat” in its new strategic concept, as opposed to its previous position as a strategic partner.

9:50 am: NATO will supply Ukraine with weapons as much as it needs, says Schortz

German Chancellor Olaf Scholz said in Madrid on Wednesday that NATO allies would continue to supply Ukraine with weapons as long as needed in the war with Russia.

“It is good that not only the countries gathered here, but many other countries also contribute to help Ukraine protect itself-not only provide financial means, humanitarian aid, but also. By providing Ukraine’s urgently needed weapons, “Shortz told reporters, he arrived on the second day of the NATO summit.

8:55 am: Russia poses a direct threat to NATO’s security, says Stoltenberg

The NATO summit in Madrid on Wednesday will review the defense of the alliance in response to the war with Ukraine and see Russia as a security threat. Jens Stoltemberg Said.

“We make it clear that Russia poses a direct threat to our security,” Stoltenberg said prior to the release of NATO’s strategic blueprint.

8:15 am: NATO invites Finland and Sweden after Turkey disputes

NATO leaders formally invite Finland When Sweden Join the alliance on Wednesday after the two Scandinavian countries reach an agreement turkey, NATO Chief Jason Stoltenberg said on Tuesday. Joseph Keen of France24 reports:

7:40 am: Russian missile strike at Mykolaiv kills at least three people

At least 3 people were killed and 5 were injured Russia Residential missile strike UkraineThe city in the south of Mykolaiv on Wednesday was said by the local government, which began rescue operations for survivors.

Mayor Oleksandr Senkevych said eight missiles attacked the city and urged residents to evacuate. He said the building appeared to have been attacked by a Russian X-55 cruise missile.

7:15 am: NATO chief says the Madrid Summit is crucial to the future of the alliance

More than 40 leaders will come together for what NATO Prime Minister Jason Stoltenberg called the “extremely important summit” for the future of the alliance.

President of Ukraine Volodymyr Zelensky As Kyiv is promoting the acceleration of the delivery of weapons from allies, he has been invited to participate and will speak twice via the video link.

NATO Countries that have already promised billions of dollars in military aid to Kieu will agree on a “comprehensive aid package to Ukraine to maintain self-defense,” Stoltemberg said.

(France24, AFP, Reuters)

First published on France24 Zelensky demands money addressed to modern cannon NATO

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