Europe must spend more on its own defence - Financial Times But to do so requires collective action on two fronts: first, we need a sustainable financing model for increased defence spending; and second, we have to transform Europe’s defence industry
EU chief proposes plan to urgently increase defense . . . New plans from the European Union to increase defense spending could potentially mobilize as much as 800 billion euros ($841 billion), European Commission President Ursula von der Leyen
EU ambassadors reach preliminary deal on €1. 5B defense . . . The €150 billion Security Action for Europe loans-for-arms regulation was adopted last month EU leaders meet next week following the NATO summit in The Hague, and defense will be top of the agenda Who gets the cash Both EDIP and SAFE have seen a tug-of-war between Buy European backers and those arguing for more flexibility