EU Unveils Massive €800 Billion Defense Boost Amid Doubts Over Military Readiness
Summary
The EU unveiled an ambitious €800 billion defense spending plan, including €150 billion in loans, to bolster military capabilities amid doubts about Europe's readiness to counter Russia without US support due to logistical infrastructure gaps like satellite intelligence and battlefield coordination.
Key Points
- The EU unveiled a €800 billion plan to boost European defense spending, including €150 billion in loans for defense investment.
- The plan marks a 'sea change' in the EU's approach to defense, but there are doubts about the bloc's ability to rapidly enhance military capabilities and coordination.
- Europe lacks the logistical infrastructure like satellite intelligence and battlefield command-and-control to counter Russia in the long term without US support.