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  5. European Union unveils 800 billion euro rearmament plan for Europe amid potential US disengagement

European Union unveils 800 billion euro rearmament plan for Europe amid potential US disengagement

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The articles report on a five-part plan proposed by European Commission president Ursula von der Leyen to mobilize approximately 800 billion euros for Europe's defense. The plan, dubbed "ReArm Europe", aims to strengthen Europe's defense capabilities and provide immediate military support to Ukraine. The plan's first part involves proposing that the EU suspend its strict budget rules to allow member states to increase their defense spending.

  1. DE
    Ursula Von Der Leyen
    European Commission
    1. Europe faces a clear and present danger on a scale that none of us has seen in our adult lifetime.
    2. ReArm Europe could mobilise close to 800 billion euros for a safe and resilient Europe.
    3. We are talking about pan-European capability domains – for example: air and missile defense, artillery systems, missiles and ammunition drones and anti-drone systems.
    4. We are living in the most momentous and dangerous of times.
    5. This is about spending better and spending together.
    6. ReArm Europe could mobilise close to EUR 800 billion for a safe and resilient Europe. We will continue working closely with our partners in Nato. This is a moment for Europe. And we are ready to step up.
    7. This is Europe's moment, and we must live up to it.
    8. If Member States would increase their defence spending by 1.5% of GDP on average, this could create fiscal space of close to 650 billion euros over a period of four years.
    9. With this equipment, member states can massively step up their support to Ukraine. So, immediate military equipment for Ukraine.

EU Support for Ukraine

  1. European leaders visit Kyiv, urge Russia to accept 30-day unconditional ceasefire starting Monday
  2. NATO allies pledge 21 billion euros in military support for Ukraine in 2025
  3. EU urges citizens to prepare 72-hour crisis supplies in case of war or disaster risk

sources

  1. 1.Le Monde
  2. 2.Al Jazeera
  3. 3.The Times of India
  4. 4.Agence France-Presse

perspectives

  1. 1.US Foreign Policy
  2. 2.Russian Foreign Policy
  3. 3.Russia-Ukraine War
  4. 4.German Foreign Policy
  5. 5.French Foreign Policy
  6. 6.European Commission under Ursula von der Leyen
  7. 7.European defense
  8. 8.Multilateralism
  9. 9.European Energy Market
  10. 10.French Economy
  11. 11.Hungary under Viktor Orbán

countries

  1. 1.United KingdomGB
  2. 2.Russian FederationRU
  3. 3.UkraineUA
  4. 4.United StatesUS

organizations

  1. 1.European Commission
  2. 2.North Atlantic Treaty Organisation
  3. 3.EU Council
  4. 4.European Investment Bank
  5. 5.European Union

persons

  1. 1.Ursula Von Der LeyenDE
  2. 2.Donald TrumpUS
  3. 3.Volodymyr ZelenskiyUA
  4. 4.James David VanceUS
  5. 5.Keir StarmerGB
  6. 6.Mark RutteNL

technicals

  1. 1.Stability and Growth Pact
European Union unveils 800 billion euro rearmament plan for Europe amid potential US disengagement