Ukraine In $3bn Military Investment

Ukraine’s president says almost $3bn (£1.8bn) will be spent on re-equipping the army after an “exhausting” campaign against pro-Russian rebels.

Petro Poroshenko made the announcement ahead of a military parade to mark Independence Day in the capital Kiev.

Meanwhile, fighting continues in eastern Ukraine, where more than 2,000 people have died in recent months.

Pro-Russian fighters have marched dozens of captured Ukrainian soldiers through the city of Donetsk.

The city has been the scene of the heaviest fighting since the conflict erupted.

Crowds reportedly lined the streets chanting “fascists” at the prisoners.

Speaking in Kiev, Mr Poroshenko said that a “constant military threat will hang over Ukraine” for the foreseeable future.

He said the investment would be spread out over two years, from 2015-2017.

“The events of the last months have for us turned into a real war, albeit an undeclared one,” Mr Poroshenko said in a televised speech on Sunday.

“Over the last six months, a new Ukrainian army has been born in heavy and exhausting fighting.”

The military parade featured hundreds of marching servicemen and military hardware. Critics said it was inappropriate when Ukraine was at war.

A naval parade is also being held in the port of Odessa.




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