The Commission president has presented an ambitious action plan distributed in five points, combining a "significant" increase in national spending, totaling 600 billion, with 150 billion in EU loans.

European Commission President Ursula von der Leyen presented on March 4 the ReArm Europe plan aimed at strengthening the defense capabilities of European countries. The announcement comes amid seismic geopolitical shifts as U.

EU Commission President Ursula von der Leyen on Tuesday unveiled an €800 billion ($842 billion) plan to boost European defence by extending new loans and easing budgetary rules to allow countries to boost their spending.