Hey there! 👋 Did you hear the big news? The European Union (that’s a group of countries in Europe that work together) has some exciting plans! 🌍
What’s Happening?
The EU wants to make Europe stronger and safer. How? By boosting their defense industry, which means making things like equipment and technology that help protect people. 🛡️
800 Billion Euros?! 😲
That’s right! The EU could raise close to 800 billion euros (that’s about 841 billion dollars 💸) to help with this plan. That’s a HUGE amount of money! Imagine how many video games you could buy with that! 🎮
Why Are They Doing This?
Ursula von der Leyen, the President of the EU Commission (she’s kind of like the boss of the EU), said they want to help countries spend more on defense. They’re planning to:
- Give countries more money to invest in defense.
- Offer 150 billion euros in loans (that’s money borrowed that needs to be paid back later).
- Encourage private companies to invest too!
What Does This Mean for You?
Well, by making Europe safer, people can feel more secure. It might also mean new jobs and cool new technologies in the future! 🚀
Let’s Talk!
What do you think about these big plans? Share your thoughts with your friends and family! 🗣️
Reference(s):
EU defense plans could mobilize 800 billion euros, von der Leyen says
cgtn.com
