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The European Union has plans to increase defense costs in a great way – but some leaders want her geopolitical tensions as soon as possible.
The European Commission offered EU Execution Support, which could bring in the beginning of this month 800 billion euros in new defense spending ($ 867 billion). These measures should still be approved by various EU capitals, but are sufficient to increase EU defense shares because the plan is declared.
The existing measures are “an important step in the right direction”, but “We must be more ambitious,” Greece Prime Minister Kyriakos Mitsotakis told Silvia Amaro on Thursday as part of the Council of Europe summit.
This Again the European planIt includes 150 billion euros, which is announced in the beginning of this month, and the member states may include investment in defense and security opportunities. These funds will only be available only if at least 65% of the production cost in the EU, Norway or Ukraine.
On October 22, 2023, the 22nd Brigade soldiers of the 22nd Brigade continue in the Ukrainian-Ukrainian War.
Diego Herrera Carcedo | Anadolu Agency | Getty pictures
The proposal also allows the Member States to temporary rest of the bloc to ensure the use of financial levels at the state finance level. The EU’s investment bank will also be credited to the European Investment Bank.
“I am pleased to have more financial comfort in the stability package to spend more protection for Member States,” Mitsotakis said that the plan could go further.
“This is now, as now, as it is, this should not be a matter of credit. I think the member states will offer a grant, a joint debt device, and a joint debt, an enterprise should discuss the capabilities.”
Other leaders such as Latvian Prime Minister Evika Siliņa have hit similar tons.
He said he supported the package – even a year ago – would probably happen. According to him, the country has supported a stronger Europe for more security and protection.
“I believe that we need to discuss more opportunities for financial sources,” Siliņa said that administrative loads should be reduced to support the military industry.
‘It’s just the beginning’
Lithuanian President Gitanas Nausėda calls on the EU to apply for additional financial instruments to access the defense plans.
“I think this is just the beginning,” said Amaro that there were also variants such as grants, he said.
“We would like to see the mixti, as in the case of the pandemic, we would like to see the mixture, borrowing and mixing the tools,” he said.
Luxembourg Prime Minister Luc Frieden, who left the amount of cash allocated to the spending of defense, said the most important question will be spent.
“I think funding is always the second thing,” he said. “You need to know what you do first … then we must mainly fund our national budgets and some European funds,” he said.
“But first, the more common, more agreed, more agreed, more agreed,” he said first, “he said.
European Central Bank and Bank of France Governor Francois Villeroy de Galhau, on Thursday, hesitated in connection with the increase in defense costs.
According to a Reuters Translation, he said that the French broadcaster told BFM TV that although he needed defense costs for the country, “We cannot have a policy to spend everything necessary.”
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