The European Commission (EC) will propose to the EU ways to revive the military industry so that the political union can switch to “war economy” mode in the environment of the ongoing conflict in Ukraine. writes about this Reuters.
As can be seen from the text, European Internal Market Commissioner Thierry Breton will put forward proposals that will encourage EU countries to buy more weapons from European companies and help increase production capacity.
“We need to change the paradigm and move to war economy mode. This also means that the European defense industry must take more risks with our support,” said Breton.
In the current geopolitical context, he said, Europe must take greater responsibility for its own security “regardless of the election results our allies receive every four years.”
Before that, Thierry Breton was President Vladimir Zelensky’s I was wrongHe said that EU countries should donate one million artillery shells to Ukraine free of charge. Kiev needs to pay at least part of it.
Previously The French Ministry of Foreign Affairs warned that the EU economy could suffer a serious blow after Russia’s victory.