avril 19, 2025
Home » With the Real Europe plan, the funds allocated are too little / day

With the Real Europe plan, the funds allocated are too little / day

With the Real Europe plan, the funds allocated are too little / day

« This is probably a good start, but it's totally insufficient – we shouldn't feel the enchanted amount, because behind the big numbers, in fact, there is a much more modest real money, » Ijab said.

The total amount of money – 800 billion – what the EC is talking about right now is quite virtual money. Alongside the sum of 650 billion, « absolutely virtual and theoretical money », there is only a centralized loan of EUR 150 billion that Member States will be able to use at lower interest rates. In his view, this amount of money in the joint loan is absolutely insufficient, taking into account the current needs.

Ijab emphasized that during the Covid -19 crisis, the loan amount was EUR 750 billion, half of which went to the grant and the half in the loans.

« Now we have got € 150 billion, and they are all loans that are disproportionately small – the threat of the Covid -19 crisis and Putin's Russian crisis is disproportionate, » the deputy said.

Ijaba's rating, the plan has good work, but « real kinetic war » is EUR 150 billion is insufficient. Although not enough such a plan, he believes it is good that the European Council has quickly been able to agree on it. Positive, the plan is thinking about how to remove restrictions on all European funds for military purposes.

« This is a very good idea because we know that the EU is really a huge amount of restrictions on the use of European funds for military purposes, » the Member said.

Ijaba also believes the budget deficit restrictions recorded in the plan's stability and growth pact are the right direction.

Although the EU Member States will have the opportunity to borrow and each with 1.5% of gross domestic product (GDP) to grow a defense budget, whether they will be left to the Member States themselves, Ijab said.

« It would be quite possible for Latvia, Lithuania, Poland to grow such a percentage, because we have done it lately and we will continue to do so regardless of the EC, » he said.

For example, Spain does not already have 2% of GDP funding for defense, so the defense budget extension would actually mean double the amount of protection, including borrowing money for this purpose.

« The question of whether the Spaniards will actually start doing this – I am concerned that this will not be, » the deputy said, adding that the mechanism offered by the EC does not really have any obligation to do so.

In addition, Ijab agreed that the Cohesion Fund's funds are uses for cohesion, not to make military inability to « stop » with money for building insulation, road repairs and also the Rail Baltica project.

As reported, EC President Urzula von der Leien on Tuesday presented a five -part plan to mobilize about € 800 billion for European defense and help provide immediate military support for Ukraine after Washington stopped helping.

Real Europe could mobilize nearly € 800 billion for defense costs for a secure and sustainable Europe. Leis proposes to suspend strict budget rules to allow Member States to increase defense spending.

EU Member States' leaders have supported this plan on Thursday.



View Original Source