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What are the options to fund European defence?

Governments are discussing how to boost investment in Europe’s arms industry

European officials are racing to craft proposals for a special fund aimed at helping the region to boost defence investments after President Donald Trump threatened to curtail US support for the continent. 

European finance ministers meeting in South Africa for a G20 gathering this week are discussing proposals including a European defence bank or a common fund with UK involvement, European officials said. 

On Sunday, several EU leaders will join British Prime Minister Sir Keir Starmer for a meeting after his return from Washington and ahead of an emergency summit in Brussels next week — all dedicated to European defence.

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