EU Boosts Defense Spending to New High
European Defence Agency projects €381 billion in 2025.
Europe's rearmament began after Russia's 2014 Crimea annexation and accelerated after the 2022 invasion.
NATO and Trump's pressure led to increased EU defense budgets.
EDA data shows 31% investment (€106 billion) in 2024, including €13 billion on R&D and €88 billion on equipment, up 39%.
A €150 billion loan scheme was fully subscribed with 19/27 member states applying.
SAFE program expects €100 billion in procurement this year.
EDA warns of fragmented procurement and COTS reliance, requiring €630 billion annually for 3.5% GDP target.
2 weeks ago