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March 4, 2025 3:51 PM

EU Commission proposes 800-billion-euro defence plan

The European Commission proposed on Tuesday new joint EU borrowing of 150 billion euros ($157.76 billion) to lend to EU governments for defence as part of an overall 800 billion total financing effort to boost Europe's defence capabilities. The 150 ...

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Last updated on: 15th May 2026

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