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NATO meet Wednesday to discuss military support for Ukraine, 100 bn EUR proposal

Info comes via Reuters, in brief:

  • NATO foreign ministers meet on Wednesday and Thursday this week
  • to discuss how to put military support for Ukraine on a long-term footing
  • including a proposal for a 100 billion euro ($107 billion) five-year fund
  • proposals by NATO Secretary General Jens Stoltenberg

Here is the link to the full Reuters report with much more.

I guess its wishful thinking to see an end to this war any time soon, but if so It’d dial back at least one of the geopolitical risks niggling at markets.

Leaves plenty of geopol still on the table though.

This article was written by Eamonn Sheridan at www.forexlive.com.