Military assist: Hofreiter needs European defence fund with 500 billion euros | EUROtoday

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Hofreiter needs European defence fund with 500 billion euros

Anton Hofreiter Anton Hofreiter

Anton Hofreiter (Greens)

Source: dpa/Michael Kappeler

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Europe's safety is below risk. Green politician Anton Hofreiter is now proposing a European protection fund from which armament initiatives might be financed, but additionally infrastructure. He has an thought the place the cash ought to come from.

VBefore the state go to of French President Emmanuel Macron to Germany on Sunday, the Green Party's overseas coverage skilled Anton Hofreiter referred to as for a 500 billion euro European protection fund. “In times when European security is seriously threatened, common European solutions are needed,” Hofreiter instructed the newspapers of the Funke media group.

“My proposal would be a European defence fund that would provide around 500 billion euros,” he continued. This would finance as much as 30 % of armament initiatives involving a minimum of three member states – “provided that 80 percent of the money invested goes to European companies.”

The funds also needs to be used to harden European infrastructure, mentioned Hofreiter. “Functioning roads, bridges and railways are not only important for commuting, travel and the economy. They are a foundation of our defense capabilities.”

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To finance it, the Green politician steered structuring the protection fund in an identical technique to the Corona reconstruction fund. “The EU Commission would take out loans on the capital markets for this purpose.”

Hofreiter additionally referred to as on Chancellor Olaf Scholz (SPD) to enter right into a dialogue with France in regards to the function of French nuclear weapons in frequent European protection. “Macron has already offered this several times. Unfortunately, his proposals have not been accepted so far,” criticized Hofreiter.

Hofreiter additionally spoke out in favor of now not stopping Ukraine from attacking Russian territory with Western weapons. “This is about protecting the Ukrainian population. Therefore, we should not prevent Ukraine from using the weapons supplied to fend off Russian fighter jets in Russian airspace,” he mentioned.

Putin's type of warfare

International regulation permits an attacked state to assault army targets within the aggressor's nation. This is a part of self-defense.

Russia is consistently adapting its personal warfare and constantly exploiting Ukrainian weaknesses. A critical debate is required about how Ukraine can higher shield its inhabitants on the border with Russia, mentioned Hofreiter.