UE, Piano von der Leyen of 2 thousand billion: quintuple military funds

All looks are focused on Ursula von der leyen. The President of the Commission has in fact presented the budget proposal EU from 2 thousand billion dollars. The funds for the defense are to the stars and a new crisis mechanism has been announced, with a scope of 400 billion euros.

EU budget 2028-2035

He took the stage, Ursula von der Leyen, presenting the Multi-year financial framework 2028-2035. Seven years against a proposal of 2 thousand billion dollars, with i Defense funds that result Quinumplicati.

“A budget for a new era. It corresponds to Europe’s ambition, facing our challenges and strengthening our independence. A larger, intelligent and incisive balance”.

The president spoke of results to be offered to citizens, businesses and partners. He talked about the future but, meanwhile, he was submerged by the controversy. Below we analyze in detail the various aspects of his plan.

Fund for competitiveness

Among the most relevant aspects there is certainly the Fund for competitivenesswhich stands out among the proposals of the Commission. Will have a equipment of 410 billion eurosin order to “support the strategic technologies of tomorrow”. What will be exactly:

• Horizon Europe will double, the international program for science and research;
• It will quinume investments in digital, so as to generate an innovative and safe ecosystem;
• further push to bioeconomics, decarbonisation and “Clean Tech”;
• The objective of climatic expenditure and biodiversity of 35%, which translates into 700 billion euros intended for 6 environmental objectives;
• strengthening of supply chains;
• innovation enhancement.

A maxi block that tries to respond to the dilemma of the competitiveness of the European Union. One response to Mario Draghi’s appeal (and not only). In this block, however, here is 131 billion euros for Defense and space. Definning between the lines, there is a considerable increase in expenditure relating to military mobility.

EU, defense funds

Europe is called to defend themselves from the many war risks. Is the global war around the corner? It does not matter to have a certain answer in this regard, as far as the Germany He is convinced, but don’t be found unprepared.

The EU therefore looks to the defense and promises billions to the sector, with enhancement of internal security and the various European armies. THE funds will be quintupleas mentioned, and here is Von der Leyen’s announcement:

“We propose 131 billion euros for the defense and space section. They are 5 times higher than we have today, because we know that security is one of the main concerns for citizens and governments. It will strengthen our industrial basis and our skills. We are also doubling the mechanism to connect Europe for transport. We multiply military mobility for 10, so our armed forces will be able to move faster, better.”

In this great cauldron, space then to a multiplication for 5 of the expenditure for the energy infrastructure. This in order to strengthen energy independence and decrease the times for the clean transition (on paper) to be coveted. This was not enough, however, to divert attention from weapons.

Fight against yet another crisis with 400 billion

The European REMO REARMEU Plan was strongly put under discussion. In fact, it is not the right tool for such a serious crisis, he explained. A “dedicated crisis mechanismwith a fire power of almost 400 billion euros, because the increase in prices is no longer the exception but the norm “.

A considerable sum but to be used only in periods of crisis, he says. However, he underlines it shortly after mentioning the fact that, from Coronavirus to war in Ukraine, in recent years Europe has lived nothing but deep crises.

Agriculture, migrants and Ukraine: the EU plan

The weapons represent the fulcrum of the political discussion currently, with a look addressed to the entire defense sector (which today is much richer). But there are others 3 key themes to discuss: