Defence financing and spending under the Economic Governance framework
In-Depth Analysis
27-03-2025
This paper covers possible defence financing and spending options under the European economic governance framework by reviewing the proposal for a ReArm Europe plan floated by the President of the Commission Ursula von der Leyen. The paper also analyses flexibilities under the EU budget, EIB and ESM financing while also assessing potential market challenges and public procurement. This paper has been updated with information from the European Commission's White Paper for European Defence Readiness 2030 and related documents published on 19 March 2025.
In-Depth Analysis
About this document
Publication type
Policy area
Keyword
- defence
- economic governance (EU)
- EU strategy
- European construction
- European defence policy
- European security
- EUROPEAN UNION
- FINANCE
- geopolitics
- humanities
- INTERNATIONAL ORGANISATIONS
- INTERNATIONAL RELATIONS
- international security
- monetary economics
- NATO
- professional army
- SCIENCE
- strategic defence
- world organisations