EU Leaders to Discuss ReArm Europe Plan at Brussels Summit on February 1st

EU leaders are convening in Brussels on February 1st for a special summit focused on security and support for Ukraine. The central topic is the 'ReArm Europe' project, a plan to develop a common defense system with proposed investments of 800 billion euros. Discussions will include new borrowing of 150 billion euros for military capabilities like air defense, artillery, and drones, alongside increased national allocations. The urgency stems from concerns about growing threats, as highlighted by European Commission President Ursula von der Leyen. While a formal decision isn't expected immediately, the summit aims to consolidate solutions for potential approval at the next council meeting on March 20-21. Leaders will also meet with Ukrainian President Volodymyr Zelensky to discuss the situation in Ukraine. Key areas to watch include discussions on financing the ReArm Europe project and potential commitments from member states.