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EU chief says member countries must use a new defense loan to buy European, not American

  • EU Commission President Ursula von der Leyen stated that member countries must use a proposed €150 billion defense fund to buy military equipment from European manufacturers, not American ones.
  • France and Germany have conflicting views on the defense fund, with France advocating for limiting U.S. Purchases and Germany seeking more flexibility.
  • The loan program aims to help Europe enhance its own defense capabilities amid dependency on U.S. Suppliers for military needs.
  • EU leaders are set to endorse the loan plan, which aims to benefit around 20 nations facing higher borrowing costs.
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Kathimerini English Edition broke the news in Athens, Greece on Tuesday, March 11, 2025.
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