Tag #Eu Military Spending

Showing 13 to 24 of 26 results

pt.euronews.com
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Conte Condemns EU's €800 Billion Reamament Plan

Former Italian Prime Minister Giuseppe Conte vehemently criticizes the European Commission's €800 billion rearmament plan, deeming it a wasteful alternative to a unified EU defense strategy prioritizing strategic autonomy and political integration, sparking protests and highlighting divisions within...

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kathimerini.gr
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Germany and France Clash Over €150 Billion European Defense Fund

Germany and France are clashing over a proposed €150 billion European defense fund, disagreeing on whether to include non-EU countries like Turkey, mirroring past delays in similar programs and potentially hindering Europe's ability to address defense needs.

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sueddeutsche.de
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EU Launches "ReArm Europe" Plan Amidst US Foreign Policy Shift

In response to the US's shift in foreign policy under President Trump, the EU is launching a "ReArm Europe" plan, allocating up to €150 billion in defense investment loans and relaxing EU debt rules for defense. However, disagreements over support for Ukraine persist, notably with Hungary blocking a...

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dw.com
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EU Unveils €800 Billion Defense Plan Amid Ukraine Crisis

European Commission President Ursula von der Leyen announced an €800 billion plan to bolster European defense, including a €150 billion fund for joint procurement and relaxed borrowing rules, in response to the Ukraine crisis and the US suspension of military aid to Ukraine.

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kathimerini.gr
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EU Proposes "REARM Europe" Plan for Increased Defense Spending

EU Commission President Ursula von der Leyen proposed the "REARM Europe" plan, offering €150 billion in loans for increased defense spending and potentially unlocking €800 billion more, using fiscal flexibility and encouraging joint investment in key defense sectors.

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ru.euronews.com
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"EU Military Spending Hits Record High Amidst Growing Security Concerns"

"The European Union's military spending reached a record high of 279 billion euros in 2023, a 10% increase from 2022, driven by security concerns following Russia's actions in Crimea and a growing need for domestic arms production, with NATO suggesting that 2% GDP spending is insufficient for long-t...

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kathimerini.gr
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Greek Firms Vie for EU Defense Contracts Amidst €800 Billion Spending Increase

Facing Europe's defense shift from the US, roughly 250 Greek firms, including Metlen building a Volos defense hub, aim to secure a share of the EU's €800 billion defense budget increase, competing with Turkey's established industry and advocating for reinstated mandatory co-production.

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pda.kp.ru
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EU to Massively Increase Military Spending Amidst Russia Threat

The EU summit ended with a declaration identifying Russia as a threat and proposing a significant increase in military spending, potentially trillions of euros, requiring financial rule reforms to be discussed next week.

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politico.eu
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EU Plans €150 Billion Bond Sale for Military Spending

The European Union plans to raise €150 billion through bond sales to bolster member states' defense spending in response to reduced US security guarantees, a move supported by major investors despite global debt pressures.

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lefigaro.fr
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EU Unveils €800 Billion Plan to Bolster European Defense

The European Commission proposed a €800 billion plan to strengthen European defense, including €150 billion in loans for member states, utilizing cohesion funds, and encouraging private sector involvement, to address immediate threats and improve long-term security.

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sueddeutsche.de
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EU Suspends Debt Rules for Military Spending Amid Ukraine War

The European Commission will temporarily suspend EU debt rules to allow member states to increase military spending by approximately €500 billion over the next ten years to address security concerns related to the ongoing Ukraine conflict, following a similar approach taken during the COVID-19 pande...

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euronews.com
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Record EU Military Spending Reaches €279 Billion in 2023

EU military spending reached a record €279 billion in 2023, a 10% increase from 2022, driven by geopolitical concerns and the need to modernize equipment, with expectations to reach €326 billion in 2024; NATO's new plan might require up to 3% of GDP for long-term deterrence.

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Showing 13 to 24 of 26 results