EU Commission Offers to Boost Security Spending by Nearly 30% in 2021-2027

"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.

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.

EU to Spend Some $287Mln on Defense Industrial Program in 2019

23 May 2018, 12:41 GMT

European Commission President Jean-Claude Juncker has proclaimed security as one of the priorities in his Political Guidelines for the next European Commission in 2014, when he assumed office. The current EU long-term budget period, which began in 2014, is set to end in 2020. In 2019, the European Union is expected to adopt its next long-term budget for the 2021-2027 period.

Meanwhile, German Defense Minister Heiko Maas has expressed support for French President Emmanuel Macron's proposal for a European military intervention force.

Greek Foreign Minister Calls for Reforming EU, Creating Own Defense System

11 May 2018, 16:19 GMT

Macron laid out his plan for EU reforms in September 2017, suggesting that the European Union should have a joint intervention force. However, the proposed force, known as the European Intervention Initiative, would stay separate from other EU defense cooperation programs such as PESCO.

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.