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EU Commission president Ursula von der Leyen presenting the defence package in Brussels.

Video. How can the EU unlock up to €800bn for its ‘rearmament plan’?

Updated: 05/03/2025 - 16:57 GMT+1

The EU Commission has unveiled plans to borrow €150 billion to fund a major rearmament push. This joint borrowing proposal comes in the form of loans rather than grants—an idea largely rejected by so-called 'frugal' countries such as Germany and the Netherlands.

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