# Europe's Defense Plan Could Mobilize Nearly €800 Billion

- Original post: https://www.twitter.com/i/status/2117345013268873643
- Source account: [@JudicialLeaksHq](https://x.com/JudicialLeaksHq)
- Source language: English
- Duration: 1:32
- Published: 2026-11-03
- Canonical URL: https://www.translate.mom/transcript/BiVldalbgVna/en/europe-s-defense-plan-could-mobilize-nearly-800-billion

## Transcript

[0:01](https://www.translate.mom/transcript/BiVldalbgVna/en/europe-s-defense-plan-could-mobilize-nearly-800-billion?t=1) So this is Europe's moment, and we must live up to it.

[0:07](https://www.translate.mom/transcript/BiVldalbgVna/en/europe-s-defense-plan-could-mobilize-nearly-800-billion?t=7) The third point is using the power of the EU budget.

[0:12](https://www.translate.mom/transcript/BiVldalbgVna/en/europe-s-defense-plan-could-mobilize-nearly-800-billion?t=12) And there's a lot we can do in this, uh, domain in the short term to direct more funds towards defense-related investments.

[0:23](https://www.translate.mom/transcript/BiVldalbgVna/en/europe-s-defense-plan-could-mobilize-nearly-800-billion?t=23) And this is why I can announce that we will propose additional possibilities and incentives for member states, that they will decide if they want to use cohesion policy programs to increase defense spending.

[0:41](https://www.translate.mom/transcript/BiVldalbgVna/en/europe-s-defense-plan-could-mobilize-nearly-800-billion?t=41) Now, the last two areas of action aim at mobilizing private capital by accelerating the Savings and Investment Union and of course through the European Investment Bank.

[0:54](https://www.translate.mom/transcript/BiVldalbgVna/en/europe-s-defense-plan-could-mobilize-nearly-800-billion?t=54) So to conclude, Europe is ready to assume its responsibilities.

[1:01](https://www.translate.mom/transcript/BiVldalbgVna/en/europe-s-defense-plan-could-mobilize-nearly-800-billion?t=61) Rearmed Europe could mobilize close to eight hundred billion euros of defense expenditures for a safe and resilient Europe.

[1:14](https://www.translate.mom/transcript/BiVldalbgVna/en/europe-s-defense-plan-could-mobilize-nearly-800-billion?t=74) We will of course continue working closely with our partners in NATO.

[1:19](https://www.translate.mom/transcript/BiVldalbgVna/en/europe-s-defense-plan-could-mobilize-nearly-800-billion?t=79) This is a moment for Europe, and we are ready to step up.

[1:24](https://www.translate.mom/transcript/BiVldalbgVna/en/europe-s-defense-plan-could-mobilize-nearly-800-billion?t=84) Thank you very much. Any questions? There's been no questions today.