BRUSSELS (Reuters) - The European Union unveiled its biggest defence funding and research plan in more than a decade on Wednesday to reverse billions in cuts and send a message to U.S. President-elect Donald Trump that it wants to pay for its own security.
Part of a broader push to revitalise defence cooperation, the European Commission proposed a 5 billion-euro ($5.3 billion) fund to let governments club together to buy new helicopters and planes to lower costs.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!