EU plans to allow increased defense spending, bypassing budget constraints due to security concerns.

The EU plans to exempt defense spending from budget constraints to boost military expenditure, a move influenced by US pressure amid concerns over Russian threats and shifting US focus towards China. EU Commission President Ursula von der Leyen proposes activating an "escape clause" to allow increased defense spending without violating EU fiscal rules, akin to measures taken during the pandemic. This aims to address security challenges and reduce dependency on US support.

4 weeks ago
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