The keys to Von der Leyen are planning to increase military expenditures in the European Union

The President of the European Commission (CE), Ursula von der Leyenpresented Tuesday Plan to increase military expenses With which they expect them to mobilize in the European Union (EU) “About 800 billion euros for investments in safety and defense”, at a time when the United States leaves the European allies. The plan, baptized with the name ‘Rewermar Europe’Contains five points.

New financial instrument with 150 billion in loans

This new tool will provide the loans of the Member States that are supported by the budget of the European Union.

“With a maximum of 150 billion euros, this instrument would strongly support EU’s efforts to achieve a rapid and significant increase in investments in Europe’s defense possibilities, now and in this decade,” says Von der Leyen in the letter controlled today to the heads of the State and the Government of the Twenty Sea to explain their proposals.

According to the President of the CE, this financing can be used for the Air and antimile defensethe Artillery, rocket and ammunition systems, drones and antidone systems, military mobility, critical infrastructure protection or problems with regard to the Cyberspace and the artificial intelligence.

In a explanation for the media, Von der Leyen pointed out that the tool will enable Member States to share the lawsuit and to buy them together.

Exclude ‘investments’ to defend the shortage calculation

The plan also includes the already advanced activation of calls “National Escape Clauses” From the stability and growth act, thanks to which “investments” will be excluded in defense of the shortage calculation. He Stability and Growth Pact Determine the limits that the government debt and the deficit of the Member States are not allowed to exceed.

Von der Leyen’s letter states that the EU tax framework has been designed in a way “flexible” To “reconcile the need for financial stability with the possibility of making a decision in the event of a crisis.”

“The committee will propose a coordinated activation of the National Escape Clause of the Stability and Growth Pact. This will support EU’s efforts to achieve a rapid and significant increase in defense expenditure to respond to the unprecedented safety and defense situation,” says German policy.

He adds that the loans of the new instrument of 150 billion will benefit from the exhaust clause.

Divert Cohes Funds to increase military expenses

The President of the European Commission has indicated before the press that this body will propose “extra possibilities and incentives” with which Member States can decide whether they want to use cohesion lecture programs to increase military expenditure.

In the letter, options are increased, such as eliminating existing restrictions to support large companies in the defense sector, to increase financial incentives, such as prefinancing and co -financing, relaxing the rules for concentration for funds invested in defense or the process of voluntary transfers to other EU funds with a defense object.

Help from the European Investment Bank

Von der Leyen ensures that the current situation requires that they are being considered “All possible sources of financing” And that the European Investment Bank (BEI) has a “clear and decisive” role to play about it.

“The Bei Group Safety and Defense Plan is an important first step and we must ensure its rapid implementation. The BEI will provide details about the following changes to expand more the scope of his financing, while it protects its financial capacity,” adds German policy.

Ensure that European savings are invested in the EU

Finally, the letter from German politics emphasizes that it should be guaranteed that “Millions” European savings are invested in markets within the EU. “Complete the Capital market union It is absolutely essential, “he says.