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The EU is considering € 93 billion reinstatement in its defense sector as part of an attempt to increase investment and military expenditure after warning the Trump administration to withdraw US security assistance from the continent.
According to the four people who have the knowledge of the discussion, European Commission president Ursula von deer lane mentioned the financing alternative at a meeting of the Center-Right European People’s Party on Tuesday.
The block requires additional financing Defense About 500 billion dollars were estimated in the next decade.
The EU can also rebuild the Regional Development Fund, Von Der Lennen and another alternative to “General European Financing” is mentioned as an alternative exploration, according to one.
European officials have been Discussed a plan Establish an inter-government financing vehicle for potentially defense, including the UK and Norway than the entire European Union in recent months. This option will prevent the veto of neutral or neutral or friendly countries that are not in favor of using joint Debt for defense.
European Orrows can also be more transparent in the capitals, including Berlin, where the possibility of another round of the joint EU Debt is extremely controversial, especially with the German federal elections on Sunday.
In the UK, there is a group of experts A “Rearment Bank” suggested Modeling of the European Bank for Reconstruction and Development, where the participating governments will provide its capital – a proposed vessel is $ 100 billion – but will pay only 10 percent in front. Assisting by a strong credit rating, the bank will borrow the rest of the capital market.
In the absence of sensory in the new joint orrow, the EU has stressed for capitals Commission To tap all unexpected funds under its control.
The ability to receive left orrow from post-scholarship recovery and elasticity (RRF) represents € 93 billion donations and loans a total of € 800BN to agree by the EU to agree by the EU to agree by their economics in their economy after their economics. To do Several capitals, including Berlin, only agreed to the post-Pandemic funds that the joint orrow was taken one off.
A spokesman for the commission said that the funds of the funds will need change in the funding of the unused RRF, most of which need to be supported by the European Union countries and the European Parliament.
The remaining funds, which will be distributed as loans, can be used for investment in research and development projects, as well as the so-called dual-usage infrastructure such as airports, where both civil and military applications are applicable.
The Commission is an alternative that is exploring Rebuilding the so -called solidarity fund Which is allotted to the lowest-developed EU region.
According to a note of the Commission’s Regional Fund Department, “Based on the investment of dual-use, the solidarity policy can now support the defense sector, it treats a large degree as any other industry,” according to a note of the Commission’s regional fund department, financial time.
“Investments in R&D are aimed at developing new technology directly for the military. The The Investments to strengthen defense production capacity will now be eligible to contribute to regional development, ”the note has read.
EU countries will be allowed to extend their national defense budget without restrictions in accordance with the financial rules of the block, Von the lane Annod At the Munich Protection Conference on Weekend.
A spokesman for Von Deer Leon did not immediately respond to any request for the comment.
