https://sputnikglobe.com/20250520/eu-forks-out-169-bln-for-war-chest-1122093905.html
EU Forks Out $169 Bln for Battle Chest
EU Forks Out $169 Bln for Battle Chest
Sputnik Worldwide
The EU has greenlit a brand new $169 billion protection fund to bankroll ammo, drones, and significant infrastructure, Bloomberg reported.
2025-05-20T06:36+0000
2025-05-20T06:36+0000
2025-05-20T06:36+0000
european union (eu)
ukraine
donald trump
navy & intelligence
protection
missiles
missile system
navy
https://cdn1.img.sputnikglobe.com/img/07e9/05/14/1122094052_0:160:3072:1888_1920x0_80_0_0_9deb6f4bb3901fe67b9ecbf31b7656df.jpg
The EU has greenlit a brand new $169 billion protection fund to bankroll ammo, drones, and significant infrastructure, Bloomberg reported. Financed via joint borrowing, it is going to give loans to EU members and nations comparable to Ukraine to spice up the arms business. The hiked spending is pitched as a response to Donald Trump’s scale-back of US protection in Europe. Moreover the $169 billion program, looser fiscal guidelines may unleash as much as $904 billion in additional navy spending. Such loans would go to finance what Europe “lacks,” like:
https://sputnikglobe.com/20250519/rheinmetalls-war-profiteering-in-ukraine-may-culminate-in-pinpoint-strikes-on-its-factories-1122087685.html
ukraine
2025
Information
en_EN
https://cdn1.img.sputnikglobe.com/img/07e9/05/14/1122094052_171:0:2902:2048_1920x0_80_0_0_bb04d3fcd869c718ffa6060f6fd6f420.jpg
eu greenlights new $169 billion protection fund to bankroll ammo, drones, and significant infrastructure, what’s the new eu protection fund, how will the brand new eu protection fund be financed, what is going to the brand new eu protection fund be used for
eu greenlights new $169 billion protection fund to bankroll ammo, drones, and significant infrastructure, what’s the new eu protection fund, how will the brand new eu protection fund be financed, what is going to the brand new eu protection fund be used for
European Fee President Ursula von der Leyen referred to as the brand new program a “once-in-a-generation second’ after beforehand saying that the EU faces protection funding wants of roughly $565 billion over the following decade.
