EU Provides $500 Million To Buy Arms For Ukraine; Turkey Readies Closure Of Straits To Russian Navy
Jaw-dropping. Borrell says EU military package may include "supplying fighter jets" for Ukraine's air force, EU has spoken w/ Ukrainian foreign minister "about the type of jets the Ukrainian military needs" & there are "member states…able to supply them" https://t.co/hSTlGIrIdo pic.twitter.com/6RdT5rJKiT
— Shashank Joshi (@shashj) February 27, 2022
- EU Provides $500 Million To Buy Arms For Ukraine; Turkey Readies Closure Of Straits To Russian Navy
by Tyler Durden, https://www.zerohedge.com/
Update (1750ET): There’s now an EU-wide consensus on supplying Ukraine with arms amid reports that large columns of ground and armored forces are moving closer to Kiev, and as fighting rages across other parts of Ukraine. “European Union member states on Sunday agreed to unblock 450 millions euros ($500 million) for members states to buy arms for Ukraine, the bloc’s foreign policy chief Josep Borrell said,” the AFP reports.
“The measure is part of a wide-ranging package of support and sanctions agreed by the 27 EU states. Borrell said they also formally approved a move to ban any transactions with the Russian Central Bank.” It comes as unconfirmed reports suggest Putin may be frustrated at the slower than expected progress of the Russian forces.
Also on Sunday for the first time Turkey signaled it is ready to block Russian naval access to the Black Sea… “Turkey’s foreign minister said Sunday that the situation in Ukraine had become a war, a legal distinction that paves the way for Ankara to potentially ban Russian warships from entering the Black Sea through a strategic chokepoint,” The Wall Street Journal reports. The terms of the 1936 Montreux Convention is now expected to be triggered. Speaking to CNN Turk Foreign Minister Mevlüt Çavuşoğlu said:
“We came to the conclusion that the situation in Ukraine has transformed into a war,” and this means “We will implement all articles of Montreux transparently.”
Last Thursday – which was the first day of the all-out Russian invasion, Ukraine’s government urged Turkey to close the Bosphorus and Dardanelles Straits for all Russian warship passage.
NEW: A group of 10 special operations forces veterans are staging in Poland and preparing to cross into Ukraine, where they plan to take up Zelensky on his offer to join a new foreign military unit, according to a US Army veteran arranging their passage. https://t.co/sArf6LE2QT
— Christopher Miller (@ChristopherJM) February 27, 2022
US Embassy in Moscow says: “US citizens should consider departing Russia immediately.” pic.twitter.com/i0IkLq66Ka
— Mohammed Soliman (@ThisIsSoliman) February 27, 2022
Sunday background briefing with senior U.S. defense official winding down.
Up front, official acknowledges reports that Putin has put his nuclear forces on alert and said that it is “not only an unnecessary step for him to take, but an escalatory one.”
— Dan Lamothe (@DanLamothe) February 27, 2022
If accurate that Switzerland will join the economic sanctions tomorrow that is a serious blow to Moscow's dwindling economic lifelines. The move could freeze action at the Bank for International Settlements where Russia likely holds close to $25 billion in reserve assets. pic.twitter.com/WuJMcYY8fa
— Josh Lipsky (@joshualipsky) February 27, 2022