Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Czech security council to decide on ammunition scheme for Ukraine in January
    Headlines

    Czech security council to decide on ammunition scheme for Ukraine in January

    Czech security council to decide on ammunition scheme for Ukraine in January

    Published by Global Banking and Finance Review

    Posted on December 22, 2025

    Featured image for article about Headlines

    PRAGUE, Dec 22 (Reuters) - The Czech Republic's security council will debate the future of a Czech-led, Western-financed scheme organising artillery ammunition supplies for Ukraine on January 7, Prime Minister Andrej Babis said on Monday.

    The scheme brings together foreign donors including Germany, Denmark and the Netherlands with Czech defence officials and arms traders and producers who purchase ammunition around the world and deliver it to Ukraine to reduce its disadvantage on the battlefield against Russia.

    Babis, who took power last week and has vowed to cut Czech financial aid to Ukraine, has criticised what he calls the scheme's lack of transparency. But he has not taken a clear stance on its future since his populist ANO party won an election in October.

    Czech President Petr Pavel, Prague's NATO allies and Ukraine have all praised the scheme, while Babis' pro-Russian coalition allies oppose it.

    "In principle, the ammunition initiative has certainly been a good thing, the question is whether it has occurred without corruption," Babis told a news conference after a government meeting on Monday.

    "It will be subject to debate at the state security council on January 7," he said, adding he would propose a definitive position, without elaborating.

    A senior NATO military official voiced cautious optimism last week that the initiative would continue. He said it was delivering 1.8 million rounds of artillery ammunition this year - 43% of the total ammunition supplied to Kyiv.

    Donors have given around $4.5 billion to pay for ammunition supplies under the scheme, while the Czech national contribution has been in tens of millions of euros.

    (Reporting by Jan LopatkaEditing by Gareth Jones)

    Related Posts
    Sputnik developer becomes head of Russia's top vaccine centre
    Sputnik developer becomes head of Russia's top vaccine centre
    UK's Reeves sets March 3 as date for next economic forecasts
    UK's Reeves sets March 3 as date for next economic forecasts
    Analysis-How AI boom is pressuring videogame console industry in race for memory chips
    Analysis-How AI boom is pressuring videogame console industry in race for memory chips
    South Africans dragged into Russia's war in Ukraine dig trenches, dodge bullets
    South Africans dragged into Russia's war in Ukraine dig trenches, dodge bullets
    Exclusive-China likely loaded more than 100 ICBMs in silo fields, Pentagon report says
    Exclusive-China likely loaded more than 100 ICBMs in silo fields, Pentagon report says
    Pope Leo's new US bishops are critics of Trump's migrant crackdown
    Pope Leo's new US bishops are critics of Trump's migrant crackdown
    Cricket-England's McCullum wants to keep 'pretty good gig' despite Ashes defeat
    Cricket-England's McCullum wants to keep 'pretty good gig' despite Ashes defeat
    Freed Belarus opposition leaders delay public appearance to recover
    Freed Belarus opposition leaders delay public appearance to recover
    Rugby-Ex-players lose UK court bid to block disclosure orders in concussion lawsuit
    Rugby-Ex-players lose UK court bid to block disclosure orders in concussion lawsuit
    Factbox-How Europe plans to bolster its military ranks
    Factbox-How Europe plans to bolster its military ranks
    Sovereignty of Kingdom of Denmark must be preserved, EU spokesperson says
    Sovereignty of Kingdom of Denmark must be preserved, EU spokesperson says
    Russia is ready to legally confirm that it has no intention of attacking NATO, deputy minister says
    Russia is ready to legally confirm that it has no intention of attacking NATO, deputy minister says

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Germany charges suspected former Syrian intelligence agent with murder in Assad jail

    Germany charges suspected former Syrian intelligence agent with murder in Assad jail

    Romanian president says judiciary will be investigated to address claims of abuses

    Romanian president says judiciary will be investigated to address claims of abuses

    Trump appoints envoy to Greenland, stirs backlash

    Trump appoints envoy to Greenland, stirs backlash

    Russian attack on Ukraine's Odesa region causes fire at port and power outages

    Russian attack on Ukraine's Odesa region causes fire at port and power outages

    French PM races to pass stopgap budget law to avoid shutdown

    French PM races to pass stopgap budget law to avoid shutdown

    Far-right surge in western Spain shapes outcome of regional election

    Far-right surge in western Spain shapes outcome of regional election

    Analysis-Orban's giveaways still not turning election tide in Hungary

    Analysis-Orban's giveaways still not turning election tide in Hungary

    Russia's pipeline gas exports to China seen up 25% this year, source says

    Russia's pipeline gas exports to China seen up 25% this year, source says

    Pope Leo urges joyful, welcoming Church in speech to Vatican cardinals

    Pope Leo urges joyful, welcoming Church in speech to Vatican cardinals

    Kremlin says US intelligence conclusions cited by Reuters 'not true'

    Kremlin says US intelligence conclusions cited by Reuters 'not true'

    Factbox-High-profile Russians assassinated since start of Ukraine war

    Factbox-High-profile Russians assassinated since start of Ukraine war

    Indonesia signs free trade deal with Russian-led Eurasian Economic Union

    Indonesia signs free trade deal with Russian-led Eurasian Economic Union

    View All Headlines Posts
    Previous Headlines PostExclusive-China likely loaded more than 100 ICBMs in silo fields, Pentagon report says
    Next Headlines PostPope Leo's new US bishops are critics of Trump's migrant crackdown