And Europe is ready to massively boost its defence spending." Von der Leyen put forward the 150 billion euro fund for priorities such as air defence, missiles and drones as part of a package of ...

The European Union on Tuesday approved the creation of a 150 billion-euro ($170.7 billion) EU arms fund, driven by fears of a Russian attack in the coming years and doubts about U.S. security ...

The 150-billion-euro fund was proposed as part of the European Commission's ambitious ReArm Europe program, which would also allow member states to spend an additional 650 billion euros ($730 ...

EU countries on Tuesday formally approved a new 150-billion-euro loan programme to help rearm in the face of Russia and worries over US reliability, according to the Polish presidency of the bloc.