EU plans to let states suspend fiscal rules to allow for defence investments
- The President of the European Commission, Ursula von der Leyen, approved relaxing fiscal rules for EU countries to increase defense spending to above 3 percent of GDP.
- Ursula von der Leyen announced this change to address security concerns due to Russian military actions, stating that Europe must do more for its defense.
- French President Emmanuel Macron emphasized the need for Europe to develop a fully integrated defense industry, moving away from reliance on U.S. Military hardware.
- Ursula von der Leyen based her announcement on a paper prepared by Poland, which holds the rotating EU presidency, to address the need for increased European defense investments amid rising threats from Russia.
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Total News Sources37
Leaning Left3Leaning Right6Center4Last UpdatedBias Distribution46% Right
Bias Distribution
- 46% of the sources lean Right
46% Right
L 23%
C 31%
R 46%
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