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According to journalists, the EU's defense costs are a national business. Howeve...

"Change the rules of the game": in the EU want to increase the scale of weapons production - Reuters

According to journalists, the EU's defense costs are a national business. However, the full -scale invasion of Russia into Ukraine has put forward a discussion on the benefits of joint procurement. The European Union has found a way to improve the situation with the military-industrial complex. Yes, the country that invests in defensive projects can get more time to reduce government debt. This was stated by the head of the European Commission Ursula von Der Lyen, writes Reuters.

According to her, the change will go beyond what has been agreed between the EU Governments. If such a rule is introduced into the EU's debt and financial legislation, it can be a serious change in the defense and industrial policy of the bloc. "The Council now has widespread support for increasing defense expenditures as an important factor in assessing whether the EU member state has an excessive deficit," von Der Lyen said.

She noted that investments should be made on the basis of cooperation between European countries and "this will create a special incentive for cross -border projects in Europe. " Journalists noted that the EU's defense costs are a national business. However, a full -scale invasion of Russia into Ukraine has put forward a discussion on the benefits of joint procurement and production of military equipment.