‘Dangerous Fantasy’? Brussels Launches €13
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Posted On: 05/02/2018 6:39:52 PM
‘Dangerous Fantasy’?
Brussels Launches €13 Billion Fund for EU Army
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The European Commission has announced a €13 billion “Defence Fund” paving the way for closer EU military integration – plans once called a “dangerous fantasy” by anti-Brexit Remainer Nick Clegg.
The Commission confirmed on Wednesday that the EU’s 2021-2027 bloated budget – €1.279 trillion – includes the multi-billion euro fund. At €13 billion, the EU military fund is now greater than the whole defence budget of Turkey, which has a larger standing army than any European Union nation.
“The European Union is stepping up its contribution to Europe’s collective security and defence,” the Commission said of the Defence Fund.
“Investments needed to facilitate military mobility throughout the EU will be funded by €6.5 billion through the Connecting Europe Facility,” the Commission added with the bloc also announcing it had signed off on a €10.5 billion “off-budget” allocation created for the so-called “European Peace Facility to reinforce possible joint engagement in non-EU countries”.
“The facility will aim to increase the EU’s support to peace operations by third parties worldwide,” the spending plan continues, explaining that the bloc’s forces could be pulled into conflict and disaster zones overseas.
It will “cover joint costs of Common Security and Defence Policy military missions… to enable the EU to engage in broader actions aimed at supporting non-EU countries’ armed forces with infrastructure, equipment, supplies or military technical assistance.”
European Commission
Brussels Launches €13 Billion Fund for EU Army
< >
The European Commission has announced a €13 billion “Defence Fund” paving the way for closer EU military integration – plans once called a “dangerous fantasy” by anti-Brexit Remainer Nick Clegg.
The Commission confirmed on Wednesday that the EU’s 2021-2027 bloated budget – €1.279 trillion – includes the multi-billion euro fund. At €13 billion, the EU military fund is now greater than the whole defence budget of Turkey, which has a larger standing army than any European Union nation.
“The European Union is stepping up its contribution to Europe’s collective security and defence,” the Commission said of the Defence Fund.
“Investments needed to facilitate military mobility throughout the EU will be funded by €6.5 billion through the Connecting Europe Facility,” the Commission added with the bloc also announcing it had signed off on a €10.5 billion “off-budget” allocation created for the so-called “European Peace Facility to reinforce possible joint engagement in non-EU countries”.
“The facility will aim to increase the EU’s support to peace operations by third parties worldwide,” the spending plan continues, explaining that the bloc’s forces could be pulled into conflict and disaster zones overseas.
It will “cover joint costs of Common Security and Defence Policy military missions… to enable the EU to engage in broader actions aimed at supporting non-EU countries’ armed forces with infrastructure, equipment, supplies or military technical assistance.”
European Commission
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