Monday, June 12, 2023

European Arms Stockpile Depleted, to Take 5-10 Years to Recover, new opportunities for Slovakia’s defense industry

Arms warehouses across Europe have been emptied and it will take from 5 to 10 years to replenish them, former Slovak Prime Minister and leader of the Voice-Social Democracy Party Peter Pellegrini said.

"(Arms) depots have been drained across entire Europe, all armies will replenish supplies. This is 5-10 years’ worth of work," the pravda.sk portal quoted him as saying.

The politician thinks that Slovakia will not be able to provide substantial military aid to Ukraine anymore due to the lack of resources, TASS reported.

Meanwhile, Pellegrini thinks that the Ukrainian conflict has opened up new opportunities for Slovakia’s defense industry because it can produce munitions for Ukraine providing Slovakia with income and jobs.

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