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The prospect of Brexit and Trump has spurred the EU into action on the military front (Photo: Public Affairs Office)

EU to propose joint defence fund

The European Commission is planning to propose the creation of a fund for military procurement and research, as part of wider plans for an EU defence union.

The proposal, due out in Brussels on Wednesday (30 November) and seen by the Reuters news agency, says member states should pool money into a “European Defence Fund” that could be used to purchase items such as helicopters, warships, and drones.

It says participating states would be able to borrow from the fund to buy assets...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

The prospect of Brexit and Trump has spurred the EU into action on the military front (Photo: Public Affairs Office)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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