EU unveils $840 billion "ReArm Europe" plan to boost defense spending
Read more at CBS News
Topics
-
EU chief unveils €800bn plan to ‘rearm’ Europe
‘We are ready to step up’ says Ursula von der Leyen after US suspends military aid to Ukraine. Europe live – latest updates A five-part plan to bolster Europe’s defence industry and increase ...The Guardian - 1d -
EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion
"Europe is ready to massively boost its defense spending," European Commission President Ursula von der Leyen said Tuesday.CNBC - 1d -
Von Der Leyen Unveils Sweeping Plan to Boost E.U. Military Spending.
The European Commission’s president unveiled a sweeping plan to help Ukraine and boost defense spending, but it won’t be easy.The New York Times - 21h -
Starmer pledges boost in UK defense spending
Ukrainian Prime Minister Keir Starmer pledged billions of dollars for defense spending before he met with President Trump at the White House. CBS News' Willie James Inman has more.CBS News - 6d -
EU president aims for €800 billion of defense funding. How it would work.
European Union President Ursula von der Leyen on Tuesday proposed a funding program that she says could mobilize close to €800 billion ($844 billion) of defense spending.MarketWatch - 1d -
How European nations are appealing to Trump, boosting defense spending
European nations that are part of NATO are boosting their defense spending and are appealing to President Trump's demands on contributions. Charlotte Howard, The Economist's executive editor, joins ...CBS News - 5d -
Germany’s Merz in ‘difficult’ talks over plans to boost defence spending
Debate over multibillion-Euro top-up to military fund is playing a central role in exploratory coalition discussionsFinancial Times - 5d -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - Feb. 24 -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - Feb. 20 -
Where NATO members rank on defense spending
President Trump has called on NATO allies to increase their defense spending to 5 percent, with only three countries currently meeting the 2 percent threshold, while NATO Secretary General Mark ...The Hill - Feb. 26 -
Germany pledges to ramp up defense and infrastructure spending
Yahoo News - 6h -
Europe at a crossroads: can the EU meet its challenges?
FT correspondents discussed how Europe will respond to geopolitical and economic dangersFinancial Times - 6d -
Chancellor set to cut welfare spending by billions
Cuts to areas including welfare will be put to the official forecaster ahead of the Spring Statement.BBC News - 6h -
EU leaders prepare 'concrete' measures on defense financing, sources say
The EU is expected to announce "concrete" measures on boosting defense financing this week, sources said, as Europe and the U.S. clash over support for Ukraine.CNBC - 2d -
How the EU wants to tweak its merger rules to boost growth
Also in this newsletter: Brussels sets the record straight on women’s rightsFinancial Times - Feb. 26 -
EU think-tank looks to ETFs to boost European defence companies
There has been a surge in interest in weapons makers, but current ETFs offer only global exposureFinancial Times - 14h -
South Korea signs security agreement with Poland to boost economic and defense cooperation
South Korea and Poland have signed a cooperation agreement as the democratic allies find themselves united in their security concerns despite the vast geographical distance between themABC News - 3h -
Why Germany’s debt rules are a bellwether for EU defence spending
Also in this newsletter: can European lawmakers convince the US to change its tone on digital taxes?Financial Times - Feb. 25 -
Greek PM calls on EU’s biggest party to back defence spending initiatives
Also in this newsletter: can Europe’s steel industry be saved?Financial Times - 13h -
Germany seeks ‘long-term’ EU exemption for defence spending
Friedrich Merz leads German pivot in Europe’s ‘rearmament’ raceFinancial Times - 4h -
Von der Leyen: EU to disburse €3.5 billion in aid for Ukraine sooner
Yahoo News - Feb. 24 -
Starmer commits to raise UK defense spending to 2.5% of GDP by 2027
Prime Minister Keir Starmer says the U.K. will raise defense spending to 2.5% of gross domestic product by 2027ABC News - Feb. 25 -
U.K. to Raise Defense Spending to 2.5% of G.D.P. by 2027, Starmer Says
Prime Minister Keir Starmer, who is set to meet with President Trump on Thursday, said he would increase British spending on defense to 2.5 percent of G.D.P. by 2027.The New York Times - Feb. 25 -
McConnell: Failure to reach spending deal a 'disaster' for national defense
Former Senate Republican Leader Mitch McConnell (R-Ky.) is warning that failure to reach a spending deal with critical adjustments for federal spending levels and priorities would be a “recipe for ...The Hill - 1d -
Starmer announces big cut to UK aid budget to boost defence spending
PM confirms rise in military spending to 2.5% of GDP by 2027 – three years earlier than planned. Keir Starmer has announced drastic cuts to Britain’s international aid budget to help pay for a ...The Guardian - Feb. 25 -
Fight over Trump's spending powers boosts shutdown odds
Congressional negotiators racing to avert a government shutdown next month appear to have hit a wall on the question of whether to limit President Trump’s powers to spend the money. On one side of ...The Hill - 5d -
Starmer urged to use defence spending boost to revive UK manufacturing
Make UK chief calls for support for small businesses as Europe faces pressure from US to shoulder security costFinancial Times - 1d -
Germany’s Merz strikes ‘game-changing’ deal to boost defence spending
Move to relax debt brake marks historic shift in country’s conservative approach to borrowingFinancial Times - 11h -
Czech Republic to boost defence spending to 3% of GDP by 2030
Yahoo News - 1h -
Top EU lawmaker: Europe is waiting for 'stability from Germany'
Yahoo News - Feb. 23 -
Anthropic Raises $3.5 Billion, Boosted by Its Latest Claude AI Model
Anthropic’s fundraising success shows how a well-timed product launch can dazzle investors.Inc. - 1d -
Trump’s Rift With Europe Adds Fuel to a Rally in Defense Stocks
A flurry of trading has helped push the Pan-European Stoxx 600 index to a record high as investors expect Europe’s governments to increase military spending.The New York Times - Feb. 18 -
Starmer unveils 4-step Ukraine plan: 'We are at a crossroads in history'
United Kingdom Prime Minister Keir Starmer unveiled a four-step plan for Ukraine. “We are at a crossroads in history,” Starmer said. His remarks come just days after Ukrainian President Volodymyr ...The Hill - 2d -
Trump claims the U.S. is spending more money on Ukraine than Europe
President Trump called out Europe for their spending on Ukraine, claiming the U.S. has spent significantly more. He went on to say that Europe has spent "more money buying Russian oil and gas."NBC News - 15h -
Italy defends plan to process asylum-seekers in Albania at EU’s top court
Yahoo News - Feb. 25 -
EU plans to relax gas storage targets for member states
Brussels hopes a ‘more flexible’ filling trajectory will reduce market disruptionFinancial Times - Feb. 26 -
Europe should hijack Trump’s revolutionary plans for the world
Liberal nationalists must respond with imagination to US policies rather than gripe at being cut out of Ukraine talksFinancial Times - 5d -
GM raises dividend and unveils $6 billion buyback program to cheer weary shareholders
Uncertainty about tariffs and labor-cost headwinds have weighed on stock this yearMarketWatch - Feb. 26 -
Grizzlies' Jaren Jackson Jr. boosts NBA Defensive Player of the Year chances with game-saving block
Jackson blocked Paolo Banchero's leaner as time expired to save the Grizzlies' win over the Magic.Yahoo Sports - Feb. 22
More from CBS News
-
How Trump is proceeding on the future of Ukraine's war with Russia
Mike Waltz, a national security adviser for President Trump, weighed in on the U.S. pausing aid for Ukraine as Volodymyr Zelenskyy advocates for movement in peace talks to end the war with Russia. ...CBS News - 34m -
8 tax deductions you didn't know you qualified for
These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.CBS News - 35m -
House GOP moves to censure Rep. Al Green for disrupting Trump speech
The Texas Democrat said he was "willing to suffer whatever punishment is available to me."CBS News - 36m -
Vance headed to U.S.-Mexico border after Trump touts immigration crackdown
Vice President JD Vance is visiting Eagle Pass, Texas, to tour facilities connected to President Trump's immigration crackdown at the U.S.-Mexico border. CBS News' Camilo Montoya-Galvez reports.CBS News - 55m -
How much will a $75,000 HELOC cost monthly in 2025?
Low rates and high equity make a $75,000 HELOC a cheap funding source. Here's how low monthly payments could be.CBS News - 57m
More in Top stories
-
Trump 2nd term live updates: VA prepares to cut as many as 80,000 employees: Memo
The Department of Veterans Affairs is preparing to lay off as many as 80,000 workers in the coming weeks, according to an internal memo obtained by ABC News.ABC News - 7m -
US confirms direct talks with Hamas over Gaza hostages
Israel was consulted prior to the talks, according to the White House, after reports said the two sides were discussing the release of hostages.BBC News - 13m -
Sylvester Turner, Congressman and Former Houston Mayor, Dies at 70
A former mayor of Houston, he was in attendance at the president’s speech on Tuesday night but was later taken to a hospital.The New York Times - 14m -
U.S. and Hamas Hold Direct Talks Over Hostages in Gaza, Officials Say
The talks marked a significant departure from previous negotiations involving the United States and Hamas, which the U.S. government has for decades designated as a terrorist group.The New York Times - 16m -
Child dies after being hit by car on sports pitch
A second child is being treated after the collision at Kendal Rugby Union Football Club.BBC News - 17m