EU has a new plan to spend $840 billion after president Donald Trump Aid was paused to Ukraine and peace negotiations hit the wall.
“I don’t need to describe the seriousness of the threats we face, or the devastating consequences we will have to endure if these threats are achieved,” EU Commissioner Ursula von der Leyen told reporters on Tuesday.
She said she had written a letter to the heads of states of all European governments outlining the “set of suggestions” of the “European defender”.
“We are in a new era,” Von der Leyen wrote in the letter.
The plan details “how to use all the financial leverage we dispose of to help Member States spend quickly and significantly improve their defense capabilities” [a] In this decade, longer. ”
“I don’t need to describe the severity of the threat we face,” said EU Commissioner Ursula von der Leyen. (AP Photo/Jean-Francois Badias)
The proposal says EU countries will receive loans for up to $158 billion in defense investment. It also called for a relaxation of the EU’s strict debt ceiling for defence spending.
“This will enable member states to significantly increase their defense spending without triggering excessive deficit procedures,” she said.
The proposal also involves using the existing EU budget “to use more funds for defence-related investments.
“With this kind of equipment, member states can greatly strengthen their support for Ukraine. Therefore, immediate military equipment is provided to Ukraine,” she said.
The new defense plan is as Washington’s relationship with Europe is recalibrated, with conservative Republicans pushing Trump’s efforts to drive the United States out of the North Atlantic Treaty Organization (NATO).
European leaders hold emergency summit in London over the weekend to discuss how Support Ukraine Peace negotiations suddenly ceased after an Oval Office meeting between Trump and Ukrainian President Volodymyr Zelenskyy.
At that summit, European leaders discussed ways to maintain the flow of military aid, increase economic pressure on Russia, and established a “willed alliance” of European countries that, once a peace agreement was reached, European countries were prepared to take on another Russian invasion.
When Trump’s prospects are imminent, European leaders pull 20k soldiers from the mainland
The EU proposed a proposal after Trump suspended aid to Ukraine. (Ukrainian Presidential News Service/via Reuters/File Handout)
“This is a European moment and we are ready to step up,” Von der Leyen said.
Even French The Marine Corps, the Conservative National Rally Party leader, called the U.S. action a “brutal” form.
“I think the cruelty of this decision is reprehensible,” she said of the move to suspend aid.
“It is very cruel for Ukrainian soldiers’ patriotic defense of the country.” She insists He added that you should not warn the Ukrainians before doing so “very problematic”.
von der Leyen calls for nearly $1 trillion to invest in European defense. (Reuters/Fabian Bimmer/Archive Photo)
The temporary pause will apply to Ukraine’s unavailable U.S. military aid. It is expected to continue until the White House determines that Zelenskyy is committed to peace talks.
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“We are suspending and reviewing our aid to ensure it contributes to the solution,” a White House official said.
The $3.86 billion of the previously approved aid package remains after President Joe Biden shipped a $500 million aid package while out in January, a defense official told Fox News figures, including multiple launching rocket systems (GMLRS) and anti-tank weapons, as well as thousands of rockets and armored vehicles.
