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

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.

Can Europe's arms industry challenge US market dominance?

Europe is re-imagining its entire security architecture and defense capacity amid concerns over both Russia and the US. With the bloc still buying huge amounts of US arms, can its own companies ever catch up?

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".

Lagarde Says Era of Shocks Makes ECB’s Inflation Job Harder

European Central Bank President Christine Lagarde said abrupt shifts in global trade and the region’s defense architecture will make it harder to keep inflation stable.

EU plans military items made, paid for in Europe

BRUSSELS — European Union countries must purchase military equipment made in Europe under a new loan program meant to help the continent provide for its own security, a top EU official said Tuesday, even though most of its defense materiel…