A new €150B EU security loan program presents significant opportunities for the Ukrainian defense industry. According to Andrius Kubilius, the European Commissioner for Defense, this new EU loan program, part of the SAFE (Security Action for Europe) initiative, allows member states to utilize €150B in loans... #AndriusKubilius #DefenseIndustry #DefenseInvestments #SAFE #UrsulavonderLeyen #WeaponsProduction
The EC has prepared a defense strategy to rearm the bloc and bolster support for Ukraine. The EU intends to launch a large-scale initiative to develop its defense industry, aimed at deterring Russia and supporting Ukraine amid a reduction in the US military presence in Europe. A draft of t... #AndriusKubilius #DefenseIndustryEU #DefenseSpending #EUdefense #KajaKallas #WeaponsProduction
The EU defense commissioner wants to increase EU defense spending by 900%. EU defense and space commissioner Andrius Kubilius wants the next seven-year EU budget to include around €100B for defense needs. The current seven-year EU budget, which exceeds €1T, only includes €10... #AndriusKubilius #DefenseSpending #EUbudget #EUdefense #UrsulavonderLeyen
The European Parliament has approved a new EC team, which promises support for Ukraine. On November 27, the European Parliament approved the European Commission’s new composition, proposed by EC President Ursula von der Leyen. Twenty-six European commissioners were approved. Former... #AndriusKubilius #EuropeanCommission #KajaKallas #MartaKos #RaffaeleFitto #UrsulavonderLeyen
Inviting Ukraine to NATO could end Russia’s imperial ambitions; Ukraine’s path to membership will be difficult but is possible. Inviting Ukraine to NATO could end Russia’s imperial ambitions and prove that in the modern world, autocracies cannot defeat democratic systems, says Andrius Kubilius, a member of the European P... #AndriusKubilius #GeopoliticalFragmentation #NatoMembership #NATOUkraine #RussianAggression
The integration of Ukraine’s military-industrial complex into the EU’s defense industry will bring benefit for both sides. Andrius Kubilius, a member of the European Parliament nominated for appointment as European Commissioner for Defense in the new European Commission, stated: “I will be responsible for the implem... #AndriusKubilius #DefenseIndustryEU #DefenseIndustryUkraine #WeaponsProduction
The new composition of the European Commission demonstrates its firm support of Ukraine. The position of Defense Commissioner has been created in the EU and former Prime Minister of Lithuania Andrius Kubilius, an ardent supporter of Ukraine, is the first to hold it. “For those who c... #AndriusKubilius #EUdefense #EuropeanCommission #EuropeanParliament #SupportUkraine
The European Parliament has gained more support for confiscating Russian assets, but the G7 is inclined to use only their generated revenue. The European Parliament held a debate regarding the use of frozen assets belonging to the Russian Central Bank, where most deputies support the European Commission’s proposal to transfer the profits f... #AndriusKubilius #EuropeanParliament #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits #RussianCentralBank
The European Parliament proposes fixing a GDP share for aid to Ukraine. Assistance to Ukraine will be more effective if EU countries fulfill their promises without delay. According to a European Parliament discussion, determining a fixed share of GDP to define the amount ... #AndriusKubilius #EuropeanParliament #MilitaryAidforUkraine #SupportUkraine #SvenMikser #WarinUkraine
The European Parliament believes that Ukraine can join the EU in 2029. Member of the European Parliament Andrius Kubilius is convinced that Ukraine can gain full member status in the EU in 2029. According to him, both sides should work toward this: Ukraine should make re... #AndriusKubilius #AssociationwithEU #UkraineEU
Ukraine has the right to demand compensation from its European neighbors if the Russian Federation stops gas transit. This statement was announced by a member of the Head of the European Parliament delegation to the Euronest Parliamentary Assembly, Andrius Kubilius. “Ukraine has the legal right to demand some kind of... #AndriusKubilius #GasTransit #nordstream2 #UkraineGasTransitCountry
