Tag #European Defense

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EU Leaders Grapple with Defense Spending Amidst Russia's War and Uncertain US Support

Facing Russia's aggression and potential US withdrawal of support, the EU is grappling with how to finance a significant increase in its defense spending, prompting discussions on joint funding and procurement during a summit in Brussels, attended by Britain's Prime Minister.

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kathimerini.gr
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Mitsotakis Proposes €100 Billion Fund to Strengthen European Defense

Greek Prime Minister Kyriakos Mitsotakis proposed a €100 billion European fund and fiscal rule changes to boost European defense spending at an informal EU summit in Brussels, responding to geopolitical shifts and the new US administration.

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elpais.com
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EU Races to Fund Military Buildup Amid Russia's War and US Pressure

Amid Russia's invasion of Ukraine and US pressure, the EU is urgently seeking funding for increased military spending, exploring options including joint debt, while balancing transatlantic ties and fostering a stronger European defense industry; leaders meet in Brussels to discuss this.

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elpais.com
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EU Urges EIB to Double Defense Funding to \$2 Billion

Nineteen EU nations, led by Spain, Germany, France, and Italy, formally requested that the European Investment Bank (EIB) dramatically increase its financing of defense projects to \$2 billion in 2025, aiming to boost private investment and strengthen European defense capabilities.

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politico.eu
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Macron Hints at Increased French Defense Spending Amidst US Withdrawal Concerns

French President Macron hinted that France might increase its defense spending beyond NATO's 2 percent GDP target due to concerns about a potential U.S. military withdrawal from Europe, emphasizing the need for a stronger European defense industry.

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europe.chinadaily.com.cn
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Poland Pushes for Increased EU Security Amidst US Policy Uncertainty

Poland, holding the EU presidency, urged increased European security responsibility, citing potential shifts in US policy under President Trump and Russia's regional influence; Poland already spends 4.12 percent of GDP on defense and anticipates reaching 4.7 percent by 2025.

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pt.euronews.com
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EU Leaders to Tackle Defense Strategy Amid Funding Gaps and Russia Concerns

EU leaders convene in Brussels on Monday for an informal summit to define a common defense strategy, aiming for €500 billion in investment over a decade, addressing capability gaps and funding mechanisms amid concerns about Russia and shifting US priorities.

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lexpress.fr
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€215M Raised for European Defense SMEs, Challenging ESG Concerns

Weinberg Capital Partners raised €215 million for a defense SME and ETI fund, exceeding expectations and potentially boosting European defense independence amidst geopolitical tensions and evolving investor perceptions of ESG factors in the sector.

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nos.nl
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EU Summit Prioritizes Defense Amid Growing Security Concerns

EU leaders convene for an unprecedented defense-focused summit amid concerns about Russia, China, and US unpredictability, aiming for increased spending and cooperation despite internal disagreements.

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smh.com.au
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Macron Calls for Increased European Defense Spending Amidst Expected US Policy Shift

French President Emmanuel Macron, in a New Year's address to the French military, urged Europe to increase defense spending to reduce its reliance on the US following expected changes in US foreign policy under President Trump, specifically regarding the war in Ukraine.

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politico.eu
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Europe's Defense Spending Surge: A Boon for Arms Makers Despite Trump Uncertainty

Europe's defense spending is rising sharply, driven by the war in Ukraine and past U.S. pressure, promising a surge in military contracts for both European and American arms manufacturers despite anxieties over a potential Trump presidency; however, Europe's continued reliance on U.S. arms imports m...

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corriere.it
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Obstacles to a Unified European Defense System

The article analyzes the significant challenges hindering the development of a unified European defense system, focusing on the lack of agreement on identifying potential enemies and establishing a clear decision-making process among EU member states, highlighting the divisive political landscape an...

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