EU Approves $170 Billion Defense Spending Plan By RFE/RL staff - May 27, 2025, ... The plan allows for participation from non-EU countries, including EFTA members and Ukraine, ...

On May 27, the European Union formally approved its 150 billion-euro ($170 billion) scheme to boost defense spending in the bloc.. The so-called SAFE (Security Action For Europe) regulation was ...

BRUSSELS, May 21. /TASS/. EU ambassadors have approved a plan under which the bloc will take out 150 billion euros in loans to boost Europe’s military capabilities, the Polish presidency of the ...

European Union commissioner unveils new plan to spend $840 billion bolstering Europe's defenses after President Trump paused aid to Ukraine and peace negotiations hit a wall.

Under the plan, joint procurement will also be open to Ukraine and other countries in the EU’s sphere of influence. There remained some haggling around specifics.