The spending proposal comes as U.S. President Donald Trump has pulled military and financial support for Ukraine.

The European Commission’s president unveiled a sweeping plan to help Ukraine and boost defense spending, but it won’t be easy ...

The $860 billion “ReArm Europe Plan” faces opposition, however, from Hungary, which argues the effort to continue arming Ukraine in its war against Russian invaders could bankrupt the EU.

The European Commission has announced plans to reduce the cost of energy for consumers and businesses, and billions of ...

The UK has proposed a European rearmament bank, modelled on the European Bank for Reconstruction and Development, to bolster ...

Leaders discussed options to finance a ramp up in European military spending, including a novel plan that would offer 150 billion euros — about $160 billion — in loans to fund investments in ...

The plan envisages mobilization of 800 billion euros and includes loans worth 150 billion for defense needs. The funds will ...

European Union leader Ursula von der Leyen says the bloc is "in an era of rearmament," as Trump casts rising doubt on old ...