The European Union is preparing for a possible Russian attack against one of its Member States, with the Commissioner for Defence and Space, Andrius Kubilius, which will present a White Paper on European Defence by 19 March. This document will outline measures to address immediate military contingencies and long-term security challenges. However, turning these intentions into concrete actions is complex.
A European Defence Industrial Plan to protect us from a Russian attack
The European defence industry is fragmented and needs a structured industrial plan to become competitive. Experts emphasise the need for a coordinated approach among member states to standardise and share resources. The report of Mario Draghi estimates that the EU needs around EUR 500 billion over the next decade to remain competitive in the defence sector.
Kubilius proposes allocating at least EUR 100 billion to defence in the next Multiannual Financial Framework and suggests issuing 'defence bonds' to close the investment gap. In addition, he discusses the idea of a rearmament bank and the revision of the European Investment Bank's lending rules.
The EU aims to increase cooperation between the armed forces of the 27 Member States and to promote defence research and development. The European Defence Fund has a budget of EUR 8 billion for the period 2021-2027, but further investment is needed to maintain global competitiveness.
Finally, Kubilius emphasises the importance of creating closer links between the space and defence industries, using space intelligence to protect Europe. The EU is strengthening its capabilities in this area, recognising the importance of space security for modern defence.
