Part 7/11:
In addition to the potential increase in national defense spending, the summit proposed the establishment of a €150 billion special fund aimed at providing loans to member states for critical defense expenditures. These would include investments in missile defense systems, artillery, and strategic infrastructure. This funding initiative has been seen as pivotal in boosting Europe's defense industry, transitioning away from heavy reliance on American defense technology amidst concerns surrounding security risks amid American foreign policy dynamics.