"For the next long-term EU budget for 2021-2027, the Commission is proposing to substantially increase the current security funding – from €3.5 billion to €4.8 billion," the press release said.
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According to the press release, 2.5 billion euros of the funding could go toward reinforcing the EU Internal Security Fund (ISF), 1.2 billion euros toward ensuring a safer decommissioning of nuclear activities in some of the EU states, and the remaining 1.1 billion euros toward EU security agencies.
Meanwhile, German Defense Minister Heiko Maas has expressed support for French President Emmanuel Macron's proposal for a European military intervention force.
A joint EU program called Permanent Structured Cooperation (PESCO) was adopted by the Council of the European Union in March. It foresees the possibility of a number of EU member states working more closely together in the area of security and defense in a binding and permanent framework. The program consists of 17 projects involving 25 countries.