Browsing: Ursula von der Leyen

Finance ministers from eight European member states approved national defence investment plans worth €74 billion on February 17, 2026. A spokesperson for the Cypriot presidency stated this decision facilitates affordable loans under the EU’s Security Action for Europe scheme, which aims to enhance defence procurement.

António Costa, President of the European Council, stated that enhanced cooperation in the EU is “a non-issue,” countering calls for a two-speed Europe for economic reforms. His comments follow proposals from others, including European Commission President Ursula von der Leyen, emphasizing urgency for progress.

French President Emmanuel Macron announced a summer deadline for a broad deal to reform the European economy, citing frustrations with consensus among EU nations. Enhanced cooperation among smaller groups may be pursued if no progress is made by June, according to European Commission President Ursula von der Leyen.