All 27 EU countries approved plan for rearming Europe - Media
Photo: EU leaders agree on Europe's rearmament plan (Getty Images)
All 27 EU member countries have agreed to the plan for rearming Europe, which was recently presented by European Commission President Ursula von der Leyen, Le Figaro informs.
According to the news agency, the leaders of the 27 EU countries gave the "green light" to the European Commission's plan to strengthen Europe's defense during a meeting at the summit in Brussels on Thursday, March 6.
The plan involves mobilizing €800 billion and includes €150 billion in loans for defense purposes.
Europe's rearmament plan
Recently, European Commission President Ursula von der Leyen stated that Europe urgently needs to rearm. She later presented the corresponding plan.
The plan involves mobilizing €800 billion and includes €150 billion in loans for defense purposes. These funds will be used for the production of air defense systems and the modernization of defense infrastructure among EU member states.
One of the key aspects of this plan is the expansion of state funding in the defense sector, enabling EU countries to make large-scale investments in the development and production of new defense technologies.
Additionally, the EU plans to create a new loan mechanism worth €150 billion to assist member countries in investing in the modernization of their armies.
