European Commission President Ursula von der Leyen has announced a €150 billion ($158 billion) loan programme to boost the bloc’s defense industry and increase the military capabilities of its members-states.
The so-called “ReArm Europe” project is aimed at making the EU “safer and more resilient,” von der Leyen said in a speech on Tuesday.
“This is a new instrument. It will provide €150 billion of loans to member states for defense investment,” she stressed.
The EU needs to start “spending better and spending together” on developing its military capabilities because “we are living in dangerous times. Europe’s security is threatened in a very real way,” the European Commission’s head claimed.
According to von der Leyen, the loans should allow member states to expand “pan-European capabilities” in such areas as air and missile defense, the production of missiles and ammunition, the manufacture of drones and anti-drone systems, cybersecurity, military mobility and others.
“Europe is ready to massively boost its defense spending, both to respond to the short-term urgency to act and to support Ukraine, but also to address the long-term need to take on more responsibility for our own European security,” she said.
Meanwhile, here is the Belgian Army…although at first they don’t seem capable on taking over a coffee shop, don’t be fooled by their lack of coordination, fitness or overall health…
It’s all fun and games until Brussels deploys the EU’s most fierce battalion of warriors to Ukraine…
— Gabe (@GabeZZOZZ) March 3, 2025
Watch out, Putin!
The "European Army" is coming!
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