Europe is considering creating another defense fund: Britain, Ukraine, and Norway would be eligible to join the initiative. EU finance ministers will discuss the creation of a joint intergovernmental defense fund on April 12, which would provide large-scale defense financing without increasing public debt levels, a growing... #DefenseIndustryEU #EUbudget #EUdefense #EuropeanDefenseFund #EuropeanDefenseMechanism
Britain proposes that Europe create a joint arms purchasing fund worth hundreds of billions of euros. Britain has proposed that European countries create a supranational fund for centralized purchases of military equipment, accumulation of weapons stocks, and financing the continent’s rearmament... #DefenseIndustryEU #EuropeanDefenseFund #GreatBritain #WeaponsPurchases
Finland and Spain are set to increase their defense spending, with Lithuania prepares to join the coalition of the willing in support of Ukraine. Finnish President Alexander Stubb announced that Finland will boost its defense spending to 3% of GDP by 2029 to prepare against potential Russian aggression. “This is part of Finland’s co... #AlexanderStubb #DefenseIndustryEU #DefenseSpending #EUdefense #KęstutisBudris #MargaritaRobles
EU countries will only be able to spend around €500B on defense over the next five years, rather than the desired €800B. According to Fitch Ratings, the EU is contemplating a significant increase in defense spending as the United States, which ensured Europe’s security post-World War II, has shown reluctance to continue... #DefenseBudgetNATO #DefenseIndustryEU #DefenseSpending #EUdefense #France #Germany #NATO
Southern European countries do not support the EC’s rearmament plan for Europe. Several European countries have resisted the European Commission’s initiative to boost defense spending through low-interest loans, fearing it would exacerbate their already significant debt burden. I... #DefenseIndustryEU #EUbudget #EUdefense #France #Italy #Spain #UrsulavonderLeyen
Europe, along with Ukraine, is ramping up the production of 155-mm ammunition. French defense plant Les Forges de Tarbes, which was on the brink of closure in 2021, is now running at full capacity, fulfilling orders for 155-mm artillery shells. The priority is to support Ukraine... #AmmunitionFactory #ArtilleryShells #DefenseIndustryEU #KNDS #LesForgesDeTarbes #Nammo
As Russia prepares to confront Europe, the Trump administration is considering relinquishing command of NATO military operations in Europe. Russia is boosting its defense investments and readying for conflict with Europe, said EC President Ursula von der Leyen. “And at a time when these threats are increasing, we see our long time p... #DefenseIndustryEU #EUdefense #MilitaryAid #NATO #UrsulavonderLeyen
The EU has limited access for US, UK, and Turkey companies to a €150B rearmament fund aimed at supporting the European defense industry. Companies based in the US, UK, and Turkey will not be allowed to participate in the €150B EU defense fund proposed by the European Commission unless their respective countries sign defense and securit... #DefenseIndustryEU #EuropeanDefenseFund #GreatBritain #Turkey #WeaponsProduction
European defense giants urge the EC to promote the continent’s technological independence from the US. Around 100 European companies and lobby groups, including defense giants Airbus and Dassault, issued a joint letter calling on the European Commission to take measures to stimulate the development of ... #Airbus #Dassault #DefenseIndustryEU #DefenseInvestments #DefenseTechnology #EUdefense #EuropeanCommission
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 has agreed to increase its defense budget: €800B will be allocated for European security and support for Ukraine. On March 6 in Brussels, European leaders committed to a significant boost in the bloc’s defense budget. EC President Ursula von der Leyen unveiled a plan to finance the defense sector with €800B... #DefenseIndustryEU #DefenseSpending #EUdefense #EUsummit #SupportUkraine #UrsulavonderLeyen #VictorOrban
ReArm Europe: Von der Leyen presents an €800B EU rearmament plan. The European Commission President announced: The first point of the plan is to expand the use of public defense funding at the national level. The EU will propose bypassing the EU’s Growth and S... #DefenseIndustryEU #DefenseInvestments #EUdefense #ReArmEurope #UrsulavonderLeyen
The EC is set to unveil a plan to rearm Europe, while Germany prepares to spend on its military and infrastructure. European Commission President Ursula von der Leyen has emphasized the importance of enhancing Europe’s defense capabilities. Following the European security summit in London, she asserted that E... #DefenseIndustryEU #DefenseInvestments #DefenseSpending #FriedrichMerz #Germany #SummitLondon #UrsulavonderLeyen
Europe may need to spend up to $350B if American aid to Ukraine is cut off. According to the International Institute for Strategic Studies (IISS), in the event of a total cancellation of American military assistance to Ukraine, European nations would have to allocate an addit... #DefenseIndustryEU #EUdefense #MilitaryAid #SupportUkraine #USmilitaryAid #WarEnding #WarinUkraine
The European Commission has outlined the main directions for its defensive reform that will cost billions. In response to a potential reduction in military support from the US and the need to increase its assistance to Ukraine, the EU plans to invest hundreds of billions of euros to strengthen its defense ... #DefenseIndustryEU #DefenseInvestments #defensereform #EuropeanCommission #Germany #Poland #WeaponsProduction
Europe must invest approximately €250B into its defense annually in order to effectively counter future Russian aggression. Given its economic strength, the EU can allocate around €250B each year to defense. This expenditure, which represents 1.5% of the EU’s GDP, would enable Europe to mobilize around 300,000 soldie... #DefenseIndustryEU #DefenseInvestments #DefenseSpending #EUdefense #NATO #RussianAggression #WarinUkraine
Europe is exploring options to restore its military power in light of rising Russian rhetoric. According to the EU’s top diplomat, Kaja Kallas, discussions have intensified on how to boost defense spending, with joint financing increasingly becoming part of the conversation. The bloc may ... #DefenseIndustryEU #EUbudget #EUdefense #investments #KajaKallas
Europe must overcome its geopolitical stupor and accelerate the development of its defense strategy, which will include investments in Ukraine. “I spoke about the need to wake Europe from its economic and geopolitical stupor… Recent events and a different perspective from the US now compel us not only to confront the truth, but al... #DefenseIndustryEU #DefenseIndustryUkraine #EUdefense #Geopolitics #KyriakosMitsotakis #RadosławSikorski
The EU is committed to playing a central role in peace talks and is prepared to provide security guarantees to Ukraine. European Parliament President Roberta Metsola noted that the international community must act as a united front on the issue of Ukrainian security guarantees, and Europe bears a special responsibility... #DefenseIndustryEU #EUdefense #PeaceTalks #RobertaMetsola #SecurityGuaranteesForUkraine #WarEnding
Strengthening EU security and supporting Ukraine without US assistance will require $3T. According to Bloomberg, protecting Ukraine and expanding their own armed forces could cost Europe’s largest states an additional $3.1T over the next 10 years. Rebuilding the Ukrainian Armed Forces cou... #DefenseIndustryEU #NATO #PeacekeepingMission #UkraineArmedForces #WarinUkraine
Greece calls on the EU to establish a €100B fund for its defense. Greek Prime Minister Kyriakos Mitsotakis, while preparing for a new EU defense strategy, has proposed creating a fund of at least €100B for the EU’s overall defense budget. Mitsotakis’ pro... #DefenseIndustryEU #DefenseSpending #EUdefense #Greece #KyriakosMitsotakis #WeaponsProduction
Ukraine will spend 10 times more on its defense than NATO countries in 2025; the EU is not ready for war with Russia. Next year, Ukraine will spend about 25% of its GDP on defense, which is 900% more than European NATO allies’ average, NATO Secretary General Mark Rutte said during a keynote speech in Brussels. ... #DefenseIndustryEU #DefenseIndustryUkraine #DefenseSpending #MarkRutte #NATO #WarinUkraine #WeaponsProduction
Europe rushes to create a €500B defense fund as Trump nears his return to the White House. EU countries are discussing a €500B joint fund for defense projects and arms purchases. US President-Elect Trump’s threat to scrap security guarantees for NATO allies that underspend on defense and su... #DefenseIndustryEU #DefenseInvestments #DonaldTrump #EUdefense #NATO
The EU is nearing a deal to create a new defense investment fund. EU countries are nearing a deal to create a new €1.5B defense fund that will help strengthen both the bloc’s defense industry and Ukraine’s over the next three years. The agreement to deve... #DefenseIndustryEU #DefenseInvestments #EDIP #WeaponsProduction
Europe must double its defense spending after Trump’s inauguration; Poland will produce explosives and ammunition. Europe will probably have to double its defense spending to address the challenge of Russia’s aggression against Ukraine, as well as a possible reduction in American support with Donald Trump... #DefenseIndustryEU #EUdefense #NATO #Poland #WarinUkraine #WeaponsProduction
The war in Ukraine and the Trump presidency forces Brussels to funnel billions of euros to defense. Brussels is changing its spending policy to redirect tens of billions of euros to defense and security in response to Russia’s war in Ukraine and Donald Trump’s return to the White House. ... #CohesionFunds #DefenseIndustryEU #DefenseSpending #EUdefense #Germany
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
Borrell calls Russian aggression against Ukraine an existential threat to the EU and for investment in defense technologies. EU High Representative Josep Borrell noted that Russia’s aggressive war is seen as an existential threat to the EU. Therefore, the determination of joint borrowing to finance Ukrainian military ... #DefenseIndustryEU #DefenseInvestments #DefenseTechnology #JosepBorrell #WarinUkraine #WeaponsProduction
The EU severely overestimated its ability to produce 155-mm projectiles for Ukraine. A study shows that as of June, the EU has provided Ukraine with 50% fewer shells than promised, and those have seen significant delays. In the spring of this year, the European Commission announced th... #ArtilleryShells #DefenseIndustryEU #ThierryBreton #WeaponsforUkraine #WeaponsProduction
Europe is strengthening its defense: Latvia will build a €12M ammunition factory, and Italy will buy hundreds of tanks and IFV for €20B. By 2026, Latvia plans to build a factory to produce modular powder charges for artillery ammunition with a capacity of 50,000 charges per year. Construction and equipment purchase costs will amount to... #DefenseIndustryEU #EUdefense #Italy #Latvia #Leonardo #LYNX #Rheinmetall #WeaponsProduction
The head of the EC admits that Putin wants to dominate the European continent, and the Russian war against Ukraine is also a war with the EU. The President of the European Commission, Ursula von der Leyen, said that Europe understands the threat from Russia, which is trying to establish its control over the European continent by any means. ... #DefenseIndustryEU #EUdefense #Putin #RussianAggression #UrsulavonderLeyen #WarinUkraine
The EU industrial base must switch to a military economy regime to continue supporting Ukraine. As European Commissioner for Internal Market Thierry Breton stated at the EU-Ukraine Defense Industry Forum: “When we started the development of a new European defense industrial strategy, Josep... #DefenseIndustryEU #MilitaryAidforUkraine #ThierryBreton #UkraineDefenseIndustryForum #WeaponsProduction
Poland proposes to spend €422B from the EU’s Covid fund for defense. Polish Defense Minister Władysław Kosiniak-Kamysz said at the Defence24 Days conference, “You can’t get used to war.” He believes the arms industry should become the foundation of the EU’s efforts ove... #DefenseIndustryEU #DonaldTusk #EUdefense #RussianAggression #WarinUkraine #WładysławKosiniakKamysz
European NATO countries are ready to spend almost $500B on defense; the EC has already allocated €500M to increase ammunition production. The threat posed by Russia forces has convinced NATO countries to arm themselves, and they also need to arm Ukraine, Secretary General Jens Stoltenberg said. He added that this year, the combined defe... #ArtilleryShells #DefenseIndustryEU #JensStoltenberg #MilitaryAidforUkraine #NATO #WeaponsProduction
Borrell supports issuing bonds for the defense of the EU and using Russian asset revenues for Ukraine. The EU can issue bonds to finance defense needs, as Russia threatens the bloc’s security, said the head of EU diplomacy, Josep Borrell. Debates have recently begun on the prospect of the EU assu... #DefenseIndustryEU #JosepBorrell #militarybonds #RussianAssets #WeaponsforUkraine
The EC reveals the details of the EU’s defense strategy. Vice President of the European Commission Margrethe Vestager said the new system should allow the EU to move from a crisis response regime to a structural defense readiness regime that closely integra... #DefenseIndustryEU #MargretheVestager #UkraineDefensePurchases #WeaponsProduction
The EU is preparing to transfer its economy to military rails. The EC will propose ways to intensify the work of the European defense industry to respond more effectively to Ukraine’s war needs and future security challenges. This refers to proposals that EU coun... #DefenseIndustryEU #EDIP #EUdefense #EUEconomy #EUUkraine
The EU’s new defense industry strategy envisages using Russian assets to finance Ukraine’s defense industry. The EC has presented a legislative proposal regarding the European Defense Industry Program (EDIP), which would allow for future financing of support for Ukraine’s defense-industrial complex at ... #DefenseIndustryEU #EDIP #EUdefense #Euroclear #RussianAssets
The European Commission proposes the creation of a €100B defense fund. European Commissioner for Internal Trade Thierry Breton called on EU member states to create a €100B defense fund and to increase arms production to match the output of the Russian Federation, writes ... #AmmunitionForUkraine #DefenseIndustryEU #EuropeanDefenseFund #ThierryBreton #WeaponsProduction
The EU and NATO are mobilizing the defense industry to provide Ukraine with the means to defeat Russia. At the beginning of the war, the EU had to adapt its defense industry to wartime conditions. Europe will increase its military aid to Ukraine to 480,000 shells by the end of the year, and next year it... #DavidCameron #DefenseIndustryEU #EUdefense #MilitaryAidforUkraine #UrsulavonderLeyen #WeaponsforUkraine
The EU approves tools for stimulating joint defense orders. The Council of the EU has decided to implement an instrument for boosting the European defense industry, EDIRPA, which will encourage joint defense procurement and increase the capabilities of defense... #DefenseIndustryEU #DefenseProjects #EDIRPA #EUdefense
