Von der
Leyen: EU plans to strengthen defence spending could raise €800bn
New EU
plans to strengthen Europe’s defence industry and increase military
capabilities could mobilise close to €800bn ($841.4bn), EU Commission president
Ursula von der Leyen said on Tuesday in Brussels.
The EU
will propose to give member states more fiscal space for defence investments,
as well as €150bn euros in loans for those investments, and will aim to
mobilise private capital as well, Reuters reports von der Leyen said
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