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Will the €500 billion European defense fund be established by the end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the European Union or the European Investment Bank
Story
Europe Plans €500 Billion Defense Fund for Joint Projects Amid Trump's Potential Return
Dec 5, 2024, 01:28 PM
European countries are in discussions to establish a €500 billion defense fund aimed at financing joint defense projects and arms purchasing, according to six officials involved in the talks, as reported by the Financial Times. The initiative comes in anticipation of Donald Trump's return to the White House, with the goal of ensuring self-defense capabilities in a worst-case scenario. The fund, which would be open to participation from the UK and Norway, would be overseen by the European Investment Bank (EIB).
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France • 25%
Italy • 25%
Germany • 25%
Other • 25%
Reject proposal • 25%
Approve with modifications • 25%
Indefinite postponement • 25%
Approve without modifications • 25%
No significant increase • 25%
Increase by over 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%