European Union ambassadors have agreed on a major new defence initiative- an arms fund worth €150 billion to strengthen Europe’s military capabilities.
The fund, proposed by the European Commission in March, is a response to growing fears about Russia and uncertainty over whether the U.S., under President Trump, would continue to protect Europe.
Over the past three years, EU countries have already boosted defence spending by more than 30%, but leaders say more action is needed. The new programme, called Security Action for Europe (SAFE), will support collaborative defence projects across the EU and promote European-made weapons and technologies. To qualify for funding, at least 65% of a project's value must come from companies within the EU, the European Economic Area, or Ukraine.
Countries with Security and Defence Partnership agreements with the EU, such as the UK (which signed an agreement this week), may also qualify under additional conditions. This move opens the door for UK firms like BAE Systems to participate in SAFE-funded projects.
The Commission fast-tracked the legislation, skipping European Parliament approval and requiring only unanimous consent from all 27 EU countries. That consent was secured on Wednesday, with final ministerial approval expected on May 27.
European Council President Antonio Costa praised the decision, calling it a key step toward a more secure and united Europe.
Ukrainian President Volodymir Zelenskyy says envoys from the United States will be visiting Moscow and Kyiv to negotiate an end to the conflict....
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, acc...
China’s southern coastal provinces of Fujian and Guangdong are bracing for more torrential rain after Typhoon Saudel triggered widespread flo...
Russian President Vladimir Putin has said that he thinks there is a chance of a peace being reached with Ukraine. He told the Eastern Economic Forum in Vladivostok, Russia that he believed there was "a chance of finding a solution," to the conflict.
The U.S. has launched a fresh wave of strikes on Iran, targeting Islamic Revolutionary Guard Corps (IRGC) sites as Tehran retaliated against U.S. positions across the region, while Iranian officials said at least five people were killed and dozens wounded at a wedding near Sirik.
The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August and 2 September.
The European Union's foreign policy chief Kaia Kallas says the bloc will tighten enforcement of sanctions against Russia over its war in Ukraine. EU foreign ministers were meeting in Ireland following renewed Russian strikes on cities across Ukraine.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 3rd of September, covering the latest developments.
Ukrainian President Volodymir Zelenskyy says envoys from the United States will be visiting Moscow and Kyiv to negotiate an end to the conflict.
China’s southern coastal provinces of Fujian and Guangdong are bracing for more torrential rain after Typhoon Saudel triggered widespread flooding, swept away vehicles and caused a three-storey building to collapse.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4th of September, covering the latest developments.
The Trump administration pressured U.S. space companies not to attend a high-profile space summit in Paris organised by French President Emmanuel Macron, prompting a last-minute reshuffle and the cancellation of some planned announcements, according to sources familiar with the matter.
A Russian court on Thursday imposed restrictions on Lida Moniava, the founder of a children’s hospice, who is accused of spreading false information about the Russian military’s actions in Ukraine.
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