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President of the European Commission Ursula Von Der Leyen was coming to give a press conference on “Defense package” on March 4, 2025 in the headquarters of the EU Commission. (Photo Nicolas TUCAT / AFP)
Nikolas Tucat | AFP | Getty pictures
To increase the European Union’s defense costs, new plans can potentially mobilize up to 800 billion euros ($ 841 billion).
“Europe is ready to increase defense spending. Both to respond to respond to the short-term need to respond to our European security to support and support Ukraine.
Europe said his “Charter.”
Von Der Leyen said he was ahead of the meeting of the Council of Europe before the meeting of the Council of Europe, said he proposed to offer a “new European plan” to increase the spending in defense opportunities of the EU. He added that this was “emergency now and for a longer term.”
“The Rearom can mobilize about 800 billion euros for European safe and strong Europe,” he said. “This is a point for Europe. We are ready to take steps.”
The plan will borrow 150 billion euros for member states to invest in the new joint EU, “Pan-European Ability Domers”.
“For example: Air and missile defense, artillery systems, missiles and ammunition drones and anti-drone systems; at the same time, to solve other military needs from cybers,” he said.
In a letter sent to EU leaders and CNBC, Von Der Leyen, the new credit tool will be supported by the EU budget.
Rare will allow the European plan to activate the EU member stability and the National Running clause in the EU and the National Running clause in the Growth Pact. First, the Munich was announced at the Security Conference, and last month this action will give more comfort on how they spent their money from the countries.
Von Der Leyen also pointed out the choices as to mobilize private capital to change the EU budget and increase defense costs.
27 EU leaders will be gathered in Brussels in Brussels in Brussels, the European proposals will be discussed for the defense and support to Ukraine.
– CNBC’s Silvia Amaro contributed to this report.