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European leaders push defense spend amid uncertainty over Trump aid to Ukraine

The European Union agrees to raise defense spending

A week after Ukrainian President Folodimir Zellinski was expelled from the White House, European leaders increased the bet on defensive spending plans as they seek to support Kiev and fill a possible void of American aid.

This week, the European Commission suggested Sizes For financial flexibility in defense spending and a plan to borrow 150 billion euros ($ 163 billion) to lend to European Union governments to defense capabilities at the level of Europe, including artillery, missile systems and anti -baron systems.

Through this equipment, the European Union emphasized that “it can” intensify a large scale “its support for Ukraine, which was dependent on both Europe and the United States for military and humanitarian aid throughout its resistance for a period of three years to invade Russia. In general, the so -called European chain plan can mobilize approximately 800 billion euros.

European leaders supported the initiative at a meeting on Thursday, when European Council President Antonio Costa said that the continent – which is afraid that Russia will put its attention on other member states if it is prevalent in Ukraine – is now “our money is placed where” our mouth “and” move towards the strong defense state and more sovereignty. “

Donald Tusk, Prime Minister of Poland – who borders Russia – support the plan, Saying Europe must “arm itself wisely and faster than Russia” and faces “the new armament race that Putin has started.”

It is important, Costa said that member states should be allowed to flexibility under the financial rules of the European Union, which are currently restricting the amount of debt that the country can do.

Mario Centino says:

The largest economy in Europe, Germany, has set the tone with similar discussions earlier this week, when legislators in Berlin announced under the expected advisor, Fredchich Mirz, for his plans Reforming the long -term debt policy in the country To allow high defense spending. Outside the European Union, the United Kingdom announced last week its intentions Raise its defensive contribution To 2.5 % of the country’s gross domestic product from April 2027.

“The step to the defense has very clear motives and reasons,” said Mario Senio Squak Box Box on Friday. She is welcome regarding the security and safety of Europe, and if this is the case. If it is a good designer, it may only have a positive impact on the economy and in European society. “

Urban: The European Union’s support for Ukraine “destroys Europe”

However, the European Union’s proposals for this week have not been adopted on a global, as the Hungarian Prime Minister, historically supporting Russia Victor Urban, chose the European Union joint data on support for Ukraine. Urban, who refused to send weapons to Ukraine and described himself repeatedly as a “peacemaker” in the conflict, said on Friday that the current support initiative of the European Union to Ukraine through additional defense spending “spoiling Europe.”

“If the United States is now stopping (financing the war) … Why will the other 26 member states get an opportunity to take this war to the end?” Urban said on state radio, according to Reuters.

Analysts were also Reserved on European Union plansAnd, saying that the strategy of re -highlighting Europe will have a “moderate” impact on the growth of the eurozone and financial spending, and that low defense production capacity in Europe will likely lead to high imports.

They added that, according to the strategy, the need for the European Central Bank to continue to reduce monetary policy – as it did through a Reducing the sixth interest rate On Thursday – it will “fade quickly”, with the bank pushing the role of the “last resort lender for the eurozone government” amid high bond returns and possible expansion of differences.

In the Atlantic strains

Trump, who also revived relations with possible isolated peace talks, accused Zelinski last week of being ready to discuss the end of the war. Since then, the White House leader has diluted his accent, claiming this week that he had received a letter expressed Zelinski’s willingness to “lead Trump’s strong leadership to obtain peace that lasts” and signing the metal agreement.

The Ukrainian President chanted the feelings in Google, resulting from Google Post Telegram On Thursday, saying: “As President Trump told us, Ukraine works and will work exclusively for a quick and reliable peace,” separately. With reference to x The Ukrainian and American teams may “resume work” with a “useful meeting” targeting next week.

The European Union has been marginalized throughout the United States, and the European Union has sought to restore itself in the peace industry process amid fears that aid will be diminished by Washington that could force Ukraine to regional concessions filled with Moscow.

Dear Volodymyr, we have been with you from the first day. We will stay with you now, and we will continue in the future, Costa He said in the titleThe correspondents were told separately that the bloc was preparing to support Kiev when it participated in negotiations to reach the “positive result” of “Adel and Dalm”.

Sophie Kiderlin of CNBC contributed to this report

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2025-03-07 12:18:00

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