Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Tebboune: Achieving economic integration must not remain a dream.
Algerian Foreign Minister Ahmed Attaf delivers a speech on behalf of Algerian President Abdelmadjid Tebboune at the Fifth Arab Development, Economic, and Social Summit in Baghdad.
Mustafa: We reaffirm our commitment to work with our brothers and friends around the world for stability and an end to wars.
Palestinian Prime Minister Mohammad Mustafa: We stress the importance of reaching an agreement to implement the initiatives of the Development, Economic, and Social Summit.
Aboul Gheit: The global economy is going through a period of turbulence.
Aboul Gheit: Concrete solutions must be found for the issue of Arab food security in line with the strategy proposed at the Arab Summit in Baghdad.
Aboul Gheit: Arab national security is an integrated whole that cannot be achieved without food, social, cyber, and other forms of security.
Arab League Secretary-General Ahmed Aboul Gheit: We present a comprehensive Arab strategy for food security at the Arab Development Summit.
The closing statement of the Arab Summit: We reaffirm our absolute rejection of the displacement of the Palestinian people and call for the delivery of aid to the Gaza Strip.
The closing statement of the Arab Summit: The goal of the Arab Summit is to unify our efforts and achieve the interests of the peoples of our region.

EU Commission proposes joint borrowing as part of Euro defence plan

  • By Al Mayadeen English
  • Source: Agencies
  • 4 Mar 2025 16:18
  • 1 Shares
3 Min Read

The European Union's announcement comes amid intensified European efforts to back Ukraine in its war against Russia, following the US withdrawal from aiding Kyiv.

Listen
  • x
  • European Commission President Ursula von der Leyen speaks during a media conference on the defense package at EU headquarters in Brussels, Tuesday, March 4, 2025 (AP)
    European Commission President Ursula von der Leyen speaks during a media conference on the defense package at EU headquarters in Brussels, Tuesday, March 4, 2025 (AP)

European Commission President Ursula von der Leyen said European nations could mobilize billions of Euros as part of the EU's plans to bolster Europe's defense industry.

According to von der Leyen, the European Union could generate 800 billion Euros (841.1 billion USD) through its proposal, giving member states more monetary leeway for defense investments and loans worth 150 billion euros for these investments. The proposal would also mobilize private capital.

This announcement closely follows US President Donald Trump's pause on military aid to Ukraine, which includes US shipments of weaponry and equipment, including those in transit areas in Poland, prompting the Ukrainian parliament to respond.

Ukrainian Parliament addresses Trump

Following Trump's decision, the Ukrainian parliament welcomed US President Donald Trump's peace initiatives to resolve the Russo-Ukraine conflict, expressing confidence in his ability to help end hostilities in a statement released on March 4 in which lawmakers emphasized the Ukrainian people's strong desire for peace and belief that Trump's efforts could be crucial for Ukraine, Europe, and the world.

Related News

Trump foreign gifts raise alarms over ethics, influence amid Gulf ties

FIFA chief faces backlash over Gulf trip with Trump amid Congress

"The Ukrainian people long for peace more than anyone and believe that President Donald Trump's personal involvement and peace efforts will be crucial in swiftly bringing an end to the conflict and securing peace for Ukraine, Europe, and the world. The Verkhovna Rada of Ukraine supports President Trump's initiatives to initiate negotiations toward a peaceful resolution," the statement read.

US-Ukraine fallout

The United States and Ukraine are facing a diplomatic rift following Ukrainian President Zelensky's visit to the White House, during which he got into an argument with US President Trump and his vice president, JD Vance on February 28.

Trump had invited Zelensky to the White House to have lunch and hold a joint press conference, however, the two presidents started accusing each other of sharp allegations in front of reporters in the Oval Office.

A White House official blamed Zelensky for the argument, telling Axios that "He (Zelensky) could have just acknowledged the vice president's remarks and moved on, but he couldn't bring himself to do it," in reference to JD Vance's remarks regarding the need for diplomacy with Russia.

The United States and Ukraine were expected to sign a much-anticipated minerals deal that could pave the way for a US-brokered ceasefire between Kyiv and Moscow, however, Secretary of State Marco Rubio and National Security Advisor Mike Waltz told the Ukrainian delegation that they must leave.

Europe interferes

UK Prime Minister Keir Starmer welcomed Ukrainian President Volodymyr Zelensky to his Downing Street office on March 1, where they held a closed-door meeting, a day after Zelensky's tense exchange with US President Donald Trump.

European leaders congregated on March 2 for emergency talks, where the British PM revealed that his country, France, and "one or two" other countries are cooperating with Ukraine on a plan to end the war between Kyiv and Moscow.

"The United Kingdom, along with France and possibly one or two others, will work with Ukraine on a plan to stop the fighting, and then we'll discuss that plan with the United States," Starmer said.

  • United States
  • Britain
  • Ursula von der Leyen
  • Russia
  • US
  • Trump
  • military aid
  • Kyiv
  • Ukraine
  • European Commission
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Two F-35 jets arrive at it's new operational base Wednesday, Sept. 2, 2015, at Hill Air Force Base, in northern Utah. (AP)

F-35 near-misses over Yemen signal new risks for 'Israel': Forbes

  • Politics
  • 14 May 2025
Palestinians pray over bodies of people killed in the Israeli bombardment who were brought from the Shifa hospital before burying them in a mass grave in the town of Khan Younis, southern Gaza Strip, Wednesday, Nov. 22, 2023. (AP )

Gaza casualty figures mask a much bigger horror, new study shows

  • Politics
  • 11 May 2025
Gaza and the logic of necropolitics: Sovereignty measured by killing

Gaza and the logic of necropolitics: Sovereignty measured by killing

  • Politics
  • 15 May 2025
Abu Obaida

Abu Obeida posts shortly after Israeli reports about his assassination

  • Palestine
  • 15 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
A Microsoft sign and logo are pictured at the company's headquarters, Friday, April 4, 2025, in Redmond, Wash. (AP)
Technology

Microsoft admits supplying AI to 'Israel' amid Gaza carnage

Israeli occupation’s tanks parked in a staging area near the border with Gaza, Friday, May 16, 2025. (AP)
Politics

'Israel' launches multi-axis assault in Gaza under 'Gideon’s Chariots'

People stand at the train ticket counter of NJ Transit at Penn Station, amid a strike by New Jersey Transit train engineers, in New York, Friday, May 16, 2025. (AP)
Economy

Commuters stranded amid first New Jersey railway strike in 40 years

Trump's tax bill stalls as Republican opposition demands deeper cuts
US & Canada

Trump's tax bill stalls as Republican opposition demands deeper cuts

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS