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EU's promised arms surge is still moving too slow: Kaja Kallas

Business Insider·Matthew Loh·20 days ago
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Europe's promised arms buildup is still moving way too slowly, EU top diplomat says Members of the French 93rd Mountain Artillery Regiment take part in live-firing exercises using Caesar mobile Howitzer systems in 2024. Leon Neal/Getty Images The EU wants to surge its arms industry, but its top diplomat says she's frustrated at its pace. The bloc is supposed to spend an extra $940 billion on defense by 2030. But there's not much information yet about who will spend that money or where it will go. The European Union's top diplomat, Kaja Kallas, said on Tuesday that she was frustrated about the bloc's pace in scaling up its defense industry , which it plans to pour an additional $940 billion into by 2030. "I share your frustration because I have this same feeling," Kallas told a reporter in Brussels who asked about the rearmament effort.…

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