European Commission President Ursula von der Leyen has outlined a five-part plan to mobilize 800 billion euros for Europe's defense, aimed at addressing the immediate needs of Ukraine and enhancing European military capabilities. Amidst rising geopolitical tensions and after the U.S. has suspended military aid to Ukraine, von der Leyen emphasizes the necessity for Europe to increase its defense spending and to establish greater military autonomy. Her proposal encompasses joint EU borrowing to support defense initiatives, reflecting a commitment to reshape Europe's security landscape for the future.
Europe faces a clear and present danger on a scale that none of us has seen in our adult lifetime, she wrote.
Europe is ready to assume its responsibilities, von der Leyen wrote. We will continue working closely with our partners in NATO.
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