European Commission announces 800-bln-euro defence plan
BRUSSELS, March 4 (Xinhua) -- European Commission President Ursula von der Leyen on Tuesday unveiled an 800-billion-euro (844.6-billion-U.S. dollars) plan to significantly increase defence spending across the bloc. She said that in response to escalating security threats across the European Union (EU), Europe had entered "an era of rearmament."
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The executive will put forward an amendment that calculates the target over three years, making it easier to reach.
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