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EU Unveils €800 Billion Defense Plan

European Commission President Ursula von der Leyen announced the €800 billion “Rearm” Europe Plan to strengthen EU defense capabilities amid the halt of US military aid to Ukraine.

Von der Leyen emphasized that Europe must take greater responsibility for its security, outlining a five-part strategy. The plan includes freeing up national defense budgets, providing €150 billion in defense investment loans, increasing EU budget allocations for military spending, and mobilizing private capital through the European Investment Bank.

She stressed that the EU is committed to a stronger defense and will continue working closely with NATO to ensure regional security.

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Iran Warns Europe Over Nuclear Dispute

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Iranian Foreign Minister Abbas Arakchi issued a stern warning to the UK, Germany, and France, accusing them of making a “new strategic mistake” regarding Tehran’s nuclear program. In a social media post, Arakchi said, “Iran will give a tough and determined response to the violation of its rights,” criticizing the European trio for backing a resolution against Iran at the IAEA Board of Governors.

Arakchi condemned the move as baseless, recalling past disputes in 2005 which led to the expansion of Iran’s uranium enrichment. “Have these three really not learned any lessons in the last twenty years?” he said.

Meanwhile, the IAEA reported on May 31 that Iran’s 60% enriched uranium stockpile had grown from 274.8 kg in February to 408.6 kg by May 17. In response, the UK, Germany, and France are reportedly preparing to refer Iran’s file to the UN Security Council, which could activate the “snapback” mechanism and reimpose UN sanctions.

 

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