The EU provides protection financing in the budget of 2 trillion euros


President of the European Commission Ursula Von Der Leyen, at the end of the bilateral meeting in Berlaymont on July 13, 2025 in Brussels, in Belgium.

Thierry Monasse | Getty Images News | Getty pictures

On Wednesday, the European Union’s executive branch made an offer for the budget of 2 trillion euros ($ 2,31 trillion) for the defense.

The framework is 1.26% of the average EU general income and will work for a seven-year period since 2028.

“This is the truth of today, as well as the realities of tomorrow,” “President of the European Commission Ursula Von Der Leyen said during a press conference. According to him, 35% of the budget will go to climate and biodiversity projects.

Von Der Leyen, EC offers to allocate 131 billion euros to the defense and space, as part of the new European Competition Fund, the current expenditures.

There are European peoples Extensive collateral This year, in response to geopolitical concerns, increase national defense expenses and thus shared the share of the company in the sector and attracting the attention of private capital. Von der leien In March, he said He was “During the director of the director” of China, and defense investment can mobilize 800 billion euros through loans and other programs.

The new budget plan is trying to regulate EU financial programs, so citizens and companies can get financial opportunities easier.

The EU’s 58.5 billion euros, including 58.5 billion euros, including tobacco products and new duties, each year, the member state contributions would remain unchanged to contribute a one-year-estimated company.

Other measures include income support for farmers and fishermen, 34 billion euros for migration management and Ukraine for a triple and fisherman for fishing for up to 100 billion euros.

The proposal must still be cleaned by the European Parliament and accounts for the size of the economy, about 70% of the budget. This remarkable adjustments can still be ahead.

The Netherlands Finance Minister Eelco Heinen said that the budget proposal is “very high” and how the EU should be better spent on how much money will be spent.

According to CNBC, the general figures told expectations, CNBC, CARSTEN BRZESKI, Carsten Brzeski, the head of the global macron.

“The EU notes a progress in the history of the budget, because this is not only the absolute sense, but also the greatest budget in GDP,” Brzeski said.

“In the larger scheme of the work, the increase is still very small, it is very small to ensure all costs and investment needs. He currently wanted to fulfill Europe’s recommendations. Draghi Report2% of GDP could be required for a budget, “he said,” he said.

Instead, national governments and private capital still need to finance a large part of Europe’s investment needs.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *