EU to relax spending rules to boost defence investment

Munich, Germany (AFP) Feb 14, 2025 The EU will suspend strict rules on public spending to allow governments to ramp up defence investments, the bloc's chief Ursula von der Leyen announced on Friday. "I will propose to activate the escape clause for defence investments. This will allow member states to substantially increase their defence expenditure," the European Commission president said during a speech at the Munich Securi

Feb 16, 2025 - 07:28
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EU to relax spending rules to boost defence investment
Munich, Germany (AFP) Feb 14, 2025
The EU will suspend strict rules on public spending to allow governments to ramp up defence investments, the bloc's chief Ursula von der Leyen announced on Friday. "I will propose to activate the escape clause for defence investments. This will allow member states to substantially increase their defence expenditure," the European Commission president said during a speech at the Munich Securi