EU to Ease Defense Spending Rules; Greece Backs Move

08:36 15/2/2025 - Πηγή: iEfimerida

European Commission President Ursula von der Leyen announced plans to allow EU members to increase defense spending without exceeding fiscal limits, a move strongly supported by Greece.

The proposal, unveiled at the Munich Security Conference on Friday, would exempt defense expenditures from EU fiscal rules.

Greek Prime Minister Kyriakos Mitsotakis

welcomed the initiative.

"Greece has long advocated to exempt defense investments from fiscal constraints," he said, calling it a crucial step for collective security.

Von der Leyen stressed the urgency of the measure. "I believe we are now in a period of crisis that warrants a similar approach," she said. "This will allow member states to significantly boost their defense spending, but of course, we will do so in a controlled and conditional manner."

The reforms aim to enhance Europe's security. The Commission also plans to streamline pan-European defense investment projects.

Greece, which has pushed for greater flexibility in defense spending, views the proposal as critical to addressing security challenges.

The announcement comes amid heightened tensions in Europe. By easing fiscal constraints, the EU aims to empower members to respond to threats while maintaining fiscal discipline.

The proposal requires further discussion and approval by EU member states, with Greece expected to be a key advocate.

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