As real as it can get': EU to loan 150bn for European defence from invasion
Briefly

The European Union is advancing a plan to enhance its defense capabilities by 2030 amid growing threats, particularly from Russia. The initiative marks a significant shift toward sourcing weapons from within Europe, Norway, or Ukraine, while limiting contracts for non-compliant allies like the UK and US. A proposed 150 billion euro loans program seeks to bolster the EU's military capacity, with 65% of funds designated for local suppliers. The urgency for a robust defense framework is underscored by warnings from Danish intelligence about potential Russian aggression, calling for readiness and strategic advantages against existential threats.
The need for Europe to deter potential invaders by 2030 is pressing, emphasizing a shift towards local defense spending and exclusion of non-compliant allies.
The EU's strategy aims for 65% of defense spending to be sourced from within the union, promoting regional defense sectors amidst ongoing threats.
Read at www.theguardian.com
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