tradingkey.logo

EU defence plans could mobilise 800 billion euros, von der Leyen says

ReutersMar 4, 2025 8:40 AM

- New EU plans to strengthen Europe's defence industry and increase military capabilities could mobilize close to 800 billion euros ($841.4 billion), EU Commission President Ursula von der Leyen said on Tuesday.

The EU will propose to give member states more fiscal space for defence investments, as well as 150 billion euros in loans for those investments, and will aim to mobilize private capital as well, von der Leyen said.

($1 = 0.9508 euros)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

Tradingkey
KeyAI