Leaders of the European Union gathering for an emergency summit on Thursday aim to address alterations to fiscal rules on responsibility. These rules, established 15 years ago in response to a debt crisis, enforce a limit on the deficit that countries can accumulate. According to FRANCE 24’s Brussels correspondent, Dave Keating, there is a suggestion to exempt defence spending from these restrictions. This change could enable countries to significantly boost their defence budgets.
Source: https://www.france24.com/en/video/20250306-eu-leaders-set-to-agree-measures-to-ramp-up-defence-spending-at-emergency-summit
