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EU Leaders Urged to Finalize €135.7 Billion Plan

11/18/2025

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Summary

Story summary

Ursula von der Leyen, European Commission President, urged EU countries to finalize a €135.7 billion plan by December.
The plan covers 2026–2027, with €83.4 billion for the military and €55.2 billion for economic stabilization.
The Commission outlines three funding options: voluntary contributions, joint debt, and a reparations loan tied to Russian assets.
The reparations loan would avoid expenses but faces Belgian legal challenges, and von der Leyen warns of risks.

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Story summary

Ursula von der Leyen, European Commission President, urged EU countries to finalize a €135.7 billion plan by December.
The plan covers 2026–2027, with €83.4 billion for the military and €55.2 billion for economic stabilization.
The Commission outlines three funding options: voluntary contributions, joint debt, and a reparations loan tied to Russian assets.
The reparations loan would avoid expenses but faces Belgian legal challenges, and von der Leyen warns of risks.