EU announces €150 billion defense spending program (VIDEO)

The bloc’s security is “threatened in a very real way,” European Commission President Ursula von der Leyen has claimed

European Commission President Ursula von der Leyen has announced a €150 billion ($158 billion) loans program to boost the bloc’s defense industry and increase military capabilities of it members-states.

We are living in dangerous times.

Europe‘s security is threatened in a very real way.

Today I present ReArm Europe.

A plan for a safer and more resilient Europe ↓ https://t.co/CYTytB5ZMk

— Ursula von der Leyen (@vonderleyen) March 4, 2025