Browsing: Ursula von der Leyen

Finance ministers from eight European member states approved national defence investment plans worth €74 billion on February 17, 2026. A spokesperson for the Cypriot presidency stated this decision facilitates affordable loans under the EU’s Security Action for Europe scheme, which aims to enhance defence procurement.

NATO chief Mark Rutte stated Europe must rely on the US for defence, prompting European Commission President Ursula von der Leyen to advocate for an independent Europe at the Munich Security Conference, referencing Article 42.7’s obligations for EU member assistance.

Ursula von der Leyen, President of the European Commission, challenged NATO Secretary General Mark Rutte at the Munich Security Conference, urging EU leaders to activate the mutual defence clause amid growing security concerns in Europe, particularly due to the Ukraine conflict.

António Costa, President of the European Council, stated that enhanced cooperation in the EU is “a non-issue,” countering calls for a two-speed Europe for economic reforms. His comments follow proposals from others, including European Commission President Ursula von der Leyen, emphasizing urgency for progress.

French President Emmanuel Macron announced a summer deadline for a broad deal to reform the European economy, citing frustrations with consensus among EU nations. Enhanced cooperation among smaller groups may be pursued if no progress is made by June, according to European Commission President Ursula von der Leyen.

Former Greek Finance Minister Yanis Varoufakis stated that European Commission President Ursula von der Leyen’s remarks lack substance, asserting that Europe faces a choice between federalisation or dissolution of the euro. His comments coincide with an informal EU summit focusing on eurobonds and competitiveness.

European Union defence ministers have approved the national investment plans of eight member states, enabling the first disbursements under the €150 billion Security Action for Europe scheme. Cyprus Defence Minister Vasilis Palmas emphasised the EU’s commitment to strengthening security amid rising defence needs.

Industry leaders, including EUROFER President Henrik Adam, demanded urgent EU action to lower high electricity prices, which threaten competitiveness and investment in energy-intensive sectors. They seek costs around €50/MWh to support decarbonisation and restore industrial capacity amid rising global competition.

Ursula von der Leyen, President of the European Commission, emphasized the need for careful implementation of a “Made in Europe” preference in public contracts, highlighting its potential to boost European production amidst rising concerns over US tariffs and Chinese trade practices.

French President Emmanuel Macron has initiated a debate on EU common debt, or eurobonds, as reported by EU news editor Maria Tadeo in Strasbourg. This discussion is significant as it addresses ongoing financial challenges faced by the bloc.