EU announces £4BILLION A YEAR joint defence budget – but DENIES it’s for an EU army

EU politicians unveiled plans for a European Defence Fund

 

EUROPEAN Union (EU) bureaucrats are planning for member states to spend £4billion (€5bn) on a “game-changer” joint defence project – but are still denying they are forming an EU Army

The monster budget, thought to be in response to Donald Trump’s election win, would strip national governments of their defence spending, with the European Defence Fund paying for cyber security, warships, drone technology and EU space programmes for defence.

The proposal revealed today by the European Commission would increase defence research resources by £21million (€25m) next year, climbing to £77m (€90m) a year by 2020, with a total group input by all countries of £4bn (€5bn) each year. Continue reading

Germany plans EUR130 billion military investment

German defence minister Ursula von der Leyen presented a major defence equipment spending package to the German parliament on 27 January, setting out EUR130 billion (USD142 billion) in defence procurement over the next 15 years.

Von der Leyen’s package includes not only the procurement of more systems and platforms, but also the overhaul and modernisation of existing platforms. In total the Federal Ministry of Defence (BMVg) has identified about 1,500 individual measures it wants to take by 2030. Continue reading