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EU proposes easing spending rules to boost defense investments
World News
04-03-2025 | 04:50
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EU proposes easing spending rules to boost defense investments
On Tuesday, EU chief Ursula von der Leyen proposed suspending strict budget rules to allow member states to ramp up their spending on defense.
"This will allow member states to significantly increase their defense expenditures without triggering the excessive deficit procedure," she told reporters, referring to a procedure that forces governments to bring deficit levels down if they violate the rules.
AFP
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European Union
Ursula von der Leyen
Budget
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