After the US withdraws support from Ukraine, the European Union has surprised everyone by proposing a heavy defense budget. The European Union has proposed the world’s largest defense budget of $ 841 billion to Europe.
The European Union has shocked the world by proposing the world’s largest defense budget after the US stopped helping Ukraine. The European Union Executive Head on Tuesday proposed a plan of 800 billion euros ($ 841 billion) to increase security in member countries. Russia and America are also surprised by this huge budget proposal. Along with this proposal, the European Union has also made it clear that even if the US does not help Ukraine, the Sangh will stand like a rock behind Zelanceci.
The purpose of the European Union is to compete with the US’s possible step to retreat from defense cooperation and to provide military power to the war -torn Ukraine for interaction with Russia. European Commission Chairman Ursula von Der Leyen said that after a week’s political uncertainty in the US, a huge “RIRM Europe” package would be placed in front of 27 European Union leaders at the emergency summit in Brussels on Thursday.
Trump questioned the defense of the European Union and Ukraine
US President Donald Trump questioned both his commitment to the continent and protecting Ukraine. Von Der Leyen said, “I do not need to describe the seriousness of the dangers we are facing.” The main reason for the confusion of the European Union countries is their reluctance to spend more on defense over the previous decades, as they were under US security guarantee and their economies were dull. Therefore, they are facing challenges in increasing the expenditure so fast.
European countries will increase investment in defense sector
Von Der Leyen said that the first task is to relax the financial discipline imposed by the European Union on budget expenditure, so that the member countries can make a significant increase in their defense expenditure without facing punitive action. He said, “If the member countries increase their defense expenditure by an average of 1.5 percent on an average of GDP, then it can be about 650 billion euros ($ 68 billion) in a period of four years.” In addition, a loan program of 150 billion euros (US $ 157 billion) will also be provided, so that member countries will be able to invest in defense.
