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EU to Activate Fiscal Rule Escape Clause to Boost Defence Spending
EU Commission President Ursula von der Leyen proposed activating the escape clause in the bloc's fiscal rules to boost defense spending by hundreds of billions of euros annually, citing the need to invest €500 billion in the next decade to support Ukraine and ensure self-defense capabilities.
EU to Activate Fiscal Rule Escape Clause to Boost Defence Spending
EU Commission President Ursula von der Leyen proposed activating the escape clause in the bloc's fiscal rules to boost defense spending by hundreds of billions of euros annually, citing the need to invest €500 billion in the next decade to support Ukraine and ensure self-defense capabilities.
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