EU plans to strengthen defence spending could cost €800bn, says von der Leyen – Europe live
EU Commission president says bloc is ready to massively increase defence spending and military capabilitiesUS has suspended all military aid to Ukraine, White House official says, in wake of Trump-Zelenskyy rowNew EU plans to strengthen Europe’s defence industry and increase military capabilities could mobilise close to €800bn ($841.4bn), EU Commission president Ursula von der Leyen said on Tuesday in Brussels.The EU will propose to give member states more fiscal space for defence investments, as well as €150bn euros in loans for those investments, and will aim to mobilise private capital as well, Reuters reports von der Leyen said Continue reading...
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EU Commission president says bloc is ready to massively increase defence spending and military capabilities
New EU plans to strengthen Europe’s defence industry and increase military capabilities could mobilise close to €800bn ($841.4bn), EU Commission president Ursula von der Leyen said on Tuesday in Brussels.
The EU will propose to give member states more fiscal space for defence investments, as well as €150bn euros in loans for those investments, and will aim to mobilise private capital as well, Reuters reports von der Leyen said Continue reading...
