The President of the European Commission, Ursula von der leyenpresented its plan in five points for the press for the press, the Rearm Europe, exhibited in a letter sent to the heads of state or government of the twenty -seven in view of Thursday’s extraordinary summit. Total € 800 billion should mobilize.
The first point Of the plan is the activation of the national safeguard clause of the stability pact to allow Member States to be able to spend on the defense also by removing 3% of the deficit. “If the Member States increased their expenditure for the defense of 1.5% of GDP on average, this could create a tax space of approximately 650 billion euros in a period of four years,” he explained.
The second point It is a new tool to provide 150 billion euros in loans to member states for defense investments. «It is basically about spending better and spending together. We are talking about pan -European capacity domains “by promoting joint purchases to save and allowing to increase the supply of military equipment to Ukraine.
The TErtzo Punto: flexibility in the European budget to allow states that want to use cohesion policy programs to increase defense expenditure.
The Last two points They aim to mobilize private capital by accelerating the union of savings and investments and through the European investment bank.
