Brussels unveils highly-anticipated strategy on defence but fails to outline new funding options
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Euronews.com
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The European Commission's White Paper on Defence outlines plans for EU member states to invest significantly in defense, aiming to mobilize up to €800 billion over four years. While it reiterates previous proposals, it lacks innovative financing options. Key proposals include activating the national escape clause for fiscal flexibility, establishing the SAFE instrument for capital market funding, and enhancing joint procurement efforts. EU leaders are expected to discuss these plans further at a summit in June. Teljes cikk (Euronews.com)