Media reports said as much as $700 billion could be allocated to Europe's defenses, though it was not clear how much of that amount would go to Kyiv.

Summary

European officials are preparing a multibillion-dollar defense package to bolster regional security and support Ukraine, announced by German Foreign Minister Annalena Baerbock at the Munich Security Conference.

The package, potentially valued up to 700 billion euros, will fund military training, arms deliveries, and security guarantees amid concerns over Russian aggression and diminishing U.S. contributions to NATO.

The move follows calls for Europe to boost its own defense spending while U.S.-Russian talks, which exclude Ukraine and Europe, on ending the Ukraine conflict continue.

  • @frezik@midwest.socialEnglish
    3•2 months ago

    In a way, it’s what I was hoping would happen. The US backs off its own defense spending and stops acting like the world police force. The flip side of that is that Europe and the rest of the world picks up their own defense.

    What I had in mind as an end game is that the US would be at a table of equals. That’s not at all what this is.

    • Prior_IndustryEnglish
      1•2 months ago

      Not saying it’s not the right thing to do, but I hope America is ready for the loss of jobs that will come with scaling back the military. There will be a lot of associated small businesses and stuff you wouldn’t have thought of that will also get defunded outside of direct military spending.