Tag #Eu Defense Spending

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Scholz Rejects Joint EU Debt for Defense Spending

German Chancellor Olaf Scholz rejected joint EU debt for defense investments at a recent summit, contrasting with proposals from other countries and the EU Commission, which estimates €500 billion is needed for additional investments over the next 10 years.

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es.euronews.com
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EU Faces €500 Billion Defense Funding Gap

The EU plans to invest €1.5 billion in its defense industry between 2025-2027, but experts estimate that €500 billion is needed over the next decade to address the funding gap exposed by the war in Ukraine. This has caused division among member states on funding mechanisms, with some opposing joint ...

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de.euronews.com
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EU's €1.5 Billion Defense Budget Falls Short of Needs, Sparking Funding Debate

Facing shortages in munitions production after its support for Ukraine, the EU proposed a €1.5 billion defense budget for 2025-2027, a sum far below the estimated €500 billion needed over the next decade, sparking debate on funding mechanisms and highlighting potential divisions within the bloc.

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politico.eu
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Poland, Netherlands Seek to Ease EU Rules on Non-EU Defense Spending

Poland and the Netherlands proposed loosening EU rules for the €1.5 billion European Defence Industry Programme (EDIP) to fast-track non-EU defense purchases, particularly for supporting Ukraine, potentially allowing EDIP funds for producing non-EU weapons in Europe.

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Showing 25 to 28 of 28 results