EU unveils $840 billion “ReArm Europe” plan to boost defense spending


European Union leadership announced a plan Tuesday to shore up the continent’s collective defense by significantly boosting military spending, hours after President Trump said the U.S. was suspending all its military aid to Ukraine.

“We are in an era of rearmament,” European Commission President Ursula von der Leyen told journalists on Tuesday while announcing the plan — called “ReArm Europe” — which she said would allow European countries to access the equivalent of $840 billion to spend on defense in the coming years.

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Source: MSN News


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