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Home»Finance»Von der Leyen floats EU effort to finance missiles, ammunition and air defense – POLITICO
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Von der Leyen floats EU effort to finance missiles, ammunition and air defense – POLITICO

February 25, 20251 Min Read

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The Commission president’s comments come amid a scramble from European capitals to boost their defense capabilities and forge a cohesive response to the threat posed by Russia as worries grow that U.S. President Donald Trump is cozying up to the Kremlin and preparing to abandon Ukraine and Europe.

European leaders will convene in London on March 2 and Brussels on March 6 to discuss joint plans on defense and security.

Setting out priorities

It’s part of a wider effort to dramatically boost Europe’s defense production.

Defense Commissioner Andrius Kubilius is looking to come up with an EU industry output plan to help EU countries organize and prioritize weapons production.

On March 19, the European Commission will present a policy paper on the future of European defense, which is expected to include a list of priorities for the joint development of military equipment, as well as financing options.

Capitals are currently pitching their own priorities: Paris has listed seven areas including space, air defense, military AI and deep-strike capabilities; the Netherlands proposed space, maritime domain awareness and air defense; and Poland and Baltic nations focused on ammunition, strengthening the eastern border and air defense, among others. 



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