How the EU Plans to Spend Five Times More on Defense and Space
Funds have also been reserved for the defense and reconstruction of Ukraine: The facility will be doubled to EUR 100 billion. (picture alliance / abaca | Madiyevskyy Vyacheslav/Ukrinform)
In its proposal for the Multiannual Financial Framework, the European Commission has earmarked EUR 131 billion for defense and space. That’s nearly five times more than before and represents the single biggest increase of any budget line.
