• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 19th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission Kaja Kallas speaks as she presents the white paper on the future of European defence, in Brussels, Belgium March 19, 2025. REUTERS/Yves Herman
High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission Kaja Kallas speaks as she presents the white paper on the future of European defence, in Brussels, Belgium March 19, 2025. REUTERS/Yves Herman
High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission Kaja Kallas and European Commissioner for Defense and Space Andrius Kubilius look on as they present the white paper on the future of European defence, in Brussels, Belgium March 19, 2025. REUTERS/Yves Herman
High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission Kaja Kallas and European Commissioner for Defense and Space Andrius Kubilius look on as they present the white paper on the future of European defence, in Brussels, Belgium March 19, 2025. REUTERS/Yves Herman
Home
Business
Aerospace & Defense

EU proposes joint defence push amid Russia fears and US worries

March 19th, 2025 | 14:51 PM BUSINESS Aerospace & Defense 4

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Suspected sabotage attack fails to disrupt Milrem deliveries to Ukraine
Defense contractor Lyntris, shareholders raise about $298 million in downsized US IPO
U.S. Army picks Hanwha defence unit for mobile artillery prototypes
Ukraine's ousted defence minister calls for wartime elections
By Andrew Gray, Lili Bayer

Europe should further boost military spending, pool resources on joint defence projects and buy more European arms, according to an EU blueprint unveiled on Wednesday, driven by fears of Russia and doubts about the future of U.S. protection.

The European Commission, the EU’s executive body, presented the proposals in a White Paper on defence, which aims to ensure Europe has a "strong and sufficient" defence posture by 2030.

"The international order is undergoing changes of a magnitude not seen since 1945. This is a pivotal moment for European security," European Union foreign policy chief Kaja Kallas told reporters in Brussels.

Kallas said Russia's economy was in "full war mode", with 40% of its federal budget going to the military.

"Regardless of the ongoing negotiations for peace in Ukraine, this is a long-term investment in a long-term plan of aggression," she declared.

EU countries have already begun boosting their own defences in response to Russia's 2022 invasion of Ukraine. They ramped up defence spending by more than 30% between 2021 and 2024.

But their efforts have acquired more urgency from U.S. President Donald Trump’s rapprochement with Russia and U.S. warnings that European security can no longer be Washington's primary focus.

"450 million European Union citizens should not have to depend on 340 million Americans to defend ourselves against 140 million Russians, who cannot defeat 38 million Ukrainians," European Defence Commissioner Andrius Kubilius said.

"We really can do better. It's time for us to take responsibility for the defence of Europe."

CAPABILITY GAPS

The paper urges Europe to fill "capability gaps" in areas such as air and missile defence, artillery, ammunition and missiles, drones, military transport, artificial intelligence, cyber warfare and infrastructure protection.

The paper – a draft of which was leaked last week - proposes EU countries swiftly pool resources to fill the gaps, including through Defence Projects of Common European Interest, defined by governments and benefiting from EU financial incentives.

Moscow has condemned the EU’s rearmament push as an incitement to war based on an "invented story" of a Russian threat. Such words have not reassured European leaders, as Russia made similar statements before the invasion of Ukraine.

The EU paper includes proposals outlined earlier this month to boost countries’ defence spending.

Those include a plan for the Commission to borrow 150 billion euros for loans to EU governments to spend on defence projects and easing EU rules on public finances, which the Commission says could mobilise a further 650 billion euros.

Defence policy has traditionally been the domain of national governments and the NATO security alliance that brings together North America and Europe.

But the EU has become increasingly involved in defence in recent years and the White Paper suggests a fundamental shift to a more pan-European approach.

Many EU governments say they are in favour. But how it would work is likely to be the subject of fierce debate - over who should have the power to decide on joint projects, who should run them and how they should be funded.

The proposals in the paper would require the approval of the bloc's national governments and - in some cases - the European Parliament to become law.

In the paper, the European Commission suggests it could act as a "central purchasing body" on behalf of EU members. But some EU capitals have already signalled resistance, wanting to keep such decisions in the hands of national governments.

The paper says the Commission will also work on building a true EU-wide market for defence equipment, simplifying and harmonising rules.

Such measures are intended to reduce the fragmentation of Europe's defence industry, in which many manufacturers produce different weapons systems for different governments.

For example, Europe has 19 different main battle tanks, compared to just one in the United States and 17 types of torpedoes compared to just two in the U.S., according to an analysis by McKinsey.

  • Topic
  • EU
  • DEFENCE/ (TV, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Suspected sabotage attack fails to disrupt Milrem deliveries to Ukraine

Related Posts

Aerospace & Defense
August 19th, 2026

Suspected sabotage attack fails to disrupt Milrem deliveries to Ukraine

Aerospace & Defense
August 19th, 2026

Defense contractor Lyntris, shareholders raise about $298 million in dow...

Aerospace & Defense
August 18th, 2026

U.S. Army picks Hanwha defence unit for mobile artillery prototypes

Aerospace & Defense
August 18th, 2026

Ukraine's ousted defence minister calls for wartime elections

Aerospace & Defense
August 18th, 2026

Estonia PM says arson attack on defence contractor may be linked to Russ...

Aerospace & Defense
August 18th, 2026

American Airlines to restore seatback screens, add premium seats in prof...

The Wire
Aug 19th 5 h ago
Government

DOJ argues Comey novel shows he knew ‘86 47’ post was a thr...

Aug 19th 5 h ago
Business

Fed policymakers' inflation concerns increased at July meet...

Aug 19th 5 h ago
Sports

Swiss rider Poncini dies in Manx GP qualifying

Aug 19th 5 h ago
Business

Amazon plans drone delivery expansion to about 500 US local...

Aug 19th 5 h ago
Litigation

Abbott settles appeal over $495 million infant formula verd...

TRENDING ON FINANCETIME
Aug 19th, 2026 Sports

Mets' Jorge Polanco (ankle) to have season-ending surgery

Aug 19th, 2026 Sports

Reports: Phillies sign free agent LHP Nestor Cortes

Aug 19th, 2026 Business

US CFTC seeks comment on compute derivatives as AI demand grows

Aug 19th, 2026 Technology

Payments firm Stripe to buy AI developer platform OpenRouter

Aug 19th, 2026 Government

ABC says intimidation by Trump's FCC forced programming changes

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT