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.

The EU is poised to spend up to €800billion (£660billion) on defence thanks to a new major continental funding drive, European Commission chief Ursula von der Leyen has vowed. On Tuesday, Von der Leyen proposed a borrowing drive worth €150billion to lend to EU Governments - which,

President Ursula von der Leyen has proposed a five-part plan to mobilise some 800bn euros ($842bn) to beef up Europe’s defence and provide “immediate” military support to Ukraine after the United States suspended aid.