
home All News open_in_new Full Article
EU leaders back major defence spending plan in response to ‘existential challenge’ of war in Ukraine

EU leaders have backed a plan for significantly increased defence spending, potentially hundreds of billions of euros, in response to Russia's invasion of Ukraine, which they see as an "existential challenge." The European Commission plans to borrow €150 billion to fund loans for member states' defence spending, potentially exempting it from budget deficit rules. Leaders also discussed increased military and financial aid to Ukraine, with concerns about potential withdrawal of US support. While most leaders agree on increased support, Hungary's Viktor Orban opposes additional military aid. Volodymyr Zelenskiy addressed the summit, thanking leaders for their support.
today 1 week ago attach_file Politics
attach_file
Events
attach_file
Politics
attach_file
Events
attach_file
Events
attach_file
Politics
attach_file
Events
attach_file
Events
attach_file
Politics
attach_file
Politics
attach_file
Events
attach_file
Events
attach_file
Events
attach_file
Politics
attach_file
Politics
attach_file
Events
ID: 1218492785