Alice Tidey
Europe News
Commission to activate fiscal escape clause to boost defence spending
The EU Commission will propose to activate the escape clause for defence investments, Ursula von der Leyen announced in Munich. "This will allow Member states to substantially increase their defence expenditure," she said.
Europe News
EU leaders avoid controversy as they discuss defence spending options
The Commission estimates that the EU needs to invest €500 billion in the sector over the coming decade so that it can continue to support Ukraine but also ensure it is in a position to defend itself following decades of under-investments.
Europe News
EU leaders meet to discuss defence priorities as huge divisions remain
The EU needs to invest €500 billion over the coming decades to shore up its defence and kickstart its defence industries but member states remain divided over what and where to buy crucial equipment and how to finance it all.
Europe News
EU must plan funds for new members in next budget: Ukrainian minister
In a Euronews-moderated debate in Davos, Ukraine's foreign minister called on the bloc to put its money where its mouth is on enlargement, insisting that Ukraine's membership will not be costly for the other member states.