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.

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Europe urgently needs to rearm and member states must be given the fiscal space to carry out a surge in defence spending, European Commission President Ursula von der Leyen said on Sunday after a meeting about support for Ukraine.

If member states increase defense spending by 1.5% of GDP, a fiscal space of €650 billion will be created over four years – It also announced €150 billion in loans for armaments

In an interview with The Guardian, the President of the European Commission, Ursula von der Leyen, said that Europe urgently needed to rearm. She will be proposing a plan this week. Following the London summit,

Following a leaders' meeting on Ukraine in London, European Commission President Ursula von der Leyen emphasized the need for a massive surge in European defense. She stressed that lasting peace in Ukraine can only be achieved through strength.

Highlighting the need to bolster cooperation between new Delhi and Brussels in the areas of digital technology, Artificial Intelligence and defence, EU President Ursula von der Leyen termed India as a "pillar of certainty" for Europe in an "increasingly uncertain world".

New EU plans to strengthen Europe's defence industry and increase military capabilities could mobilize close to 800 billion euros ($841.4 billion), EU Commission President Ursula von der Leyen said on Tuesday.

President of the European Commission Ursula von der Leyen said the group will soon present a plan for rearming Europe during a summit of leaders in London.

European Commission President Ursula von der Leyen has stated that Europe must urgently rearm. She will propose a plan for this next week, informs The Guardian. Following a summit in London, von der Leyen said that European leaders had a productive and candid discussion about what is needed to put Ukraine in a position of strength.