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EU Commission proposes 800-billion-euro defence plan

  • The EU plans to spend up to €800 billion on defense, as proposed by European Commission Chief Ursula von der Leyen amid the increased pressure from halted US military aid to Ukraine.
  • Von der Leyen announced a borrowing drive of €150 billion to aid EU governments alongside increased military spending, which could nearly reach one trillion Euros overall.
  • Hungarian Prime Minister Viktor Orban and Slovak Prime Minister Robert Fico oppose the proposal, calling for direct negotiations with Vladimir Putin instead.
  • EU countries could access loans of up to $158 billion for defense plans while relaxing debt ceilings for military investments.
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aletihad.ae broke the news in on Monday, March 3, 2025.
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