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Story summary
- The European Council endorsed a defense growth plan for 2030 to counter Russian threats and address concerns about U.S. reliability.
- The plan includes an €800 billion Rearm package and aims to form capability coalitions by mid-2026.
- It budgets €131 billion for defense and space in 2028–2034 and calls for joint space-asset development.
- Immediate priorities include anti-drone and air defense capabilities, with at least 40% of defense acquisitions joint by 2027.
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