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
