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EU chief proposes plan to ‘urgently’ increase defense spending by mobilizing around $840 billion


Extra Consignment of the Extra Consignment von Der Leyen Araga to give a picture conference in Brussels on Brusselles on 4 March (Nicolas Tickle / AFP via Getting Images)

Nicolas Trucat | Afp | Getty images

The new plans from the European Union to defend the defense wastes could you potentially to 800 billion Euros ($ 841 billion, the European Commission (USSUL said on Tuesday.

“Europe is ready to prevent her defense expenditure. You are in a European statement,” he said in a European statement, “said in a European statement,” said a European statement, “said a European statement.

Europe is in his “was rearmedly”, noticed.

Von der leyen said he had written to the head of the contest of the day after this week of the defense in defense of the scores. He has added that it’s “urgent now but even more than one longer time.”

“Rearm Europe could mobilize near 800 million for a billion safe and resilient,” he said. “This is a moment for Europe. And we’re ready to move on.”

The plan as well as 150 billion than the member were the member that can be accessed in what von leyen discrich as a marging capability domains. “

“For example: Air and missile defense, missile ,siest and mounds and admons and admonishment are; but also to address other needs from the Cycule,” has added.

In the letter sent to Leaders, and seen by CNBC, von der leyen said the new provision to be beaten by the EU budget.

The Plan EUROPH EARRY has also turned on the public funding for defense on a national level to enable the national runicing clause in the saline stability and the EU stability. First announced to the coat of the coat is the past month, this move will bring village more flexibility on how their money is going.

Von der leyen has also pointed to the options as changes to the EU budget and the mobilizing the private capital of defense.

The 27 runs together in Brussels on Thursday for a meeting to defense and support for the Ukraine where Europe’s Europe should be discussed.

Trump repeatedly pushed for European countries and other torno to increase their defense that spends on the target of the current swear of their gross domestic product each year.

A number of village fought to meet this destination and have relate to concerns about increasing its closest expenditure to the 5% trump preferred. The others, like Poland, they called important increased in turnover, espend in the invasion of Ukraine Russia.

The way Trump administration replied to the conflict at the moment in the days and weeks and weeks comprising the spun with the Ukrainian President volodeymyr zwenskyy at the White House last week, as well as reporting the US have Military help arrested to Ukraine – has increased pressure in Europe to act.

Minister Minister Baerbock Minister the Tuesday said the Der Leyen’s offers were a first “important” step. In a post office On the Social X translated media platform by CNBC. She said to get “Peace to the strength:” two things have been needed – additional and financial sorting, and a “jumping as much), to engage.

– Brain CNBC’s Schedule contributed to this report.



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