US EditionEU chief says member countries must use a new defense loan to buy European, not American
- European Commission President Ursula von der Leyen stated that EU governments must use a proposed €150 billion defense fund to purchase weapons from European manufacturers to enhance security capabilities.
- France advocates for limiting purchases to European weapons, while Germany seeks more flexibility in spending, indicating disagreements between the two nations.
- EU leaders are preparing to endorse the loan plan, aimed at aiding about 20 countries with higher borrowing costs.
- The initiative could generate up to €800 billion for security measures by easing budget rules and reallocating funds.
84 Articles
84 Articles
The real challenge for Europe is to be economically and energetically autonomous from other power blocs that pose a threat right now. Without resolving these two other issues, even a tenfold increase in the military budget would not serve any purpose.
The European Investment Bank (EIB) is expected to decide next week to finance the construction of a military camp in Rudninkai, Finance Minister Rimantas Šadžius said. According to the minister, on March 21, the EIB Board of Directors will decide to participate in an important military infrastructure project for the Bundeswehr brigade in Lithuania.
TRIBUNE. Marked by the failure of the European Defence Community in 1954, the European Union has no army, because it has no common strategic vision that would transcend that of the Member States, recalls researcher Christophe Degryse in a forum in the "World".
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