Former EC President Jean-Claude Juncker drew attention to the need to increase investment in defense and structural reforms in Europe.
Former President of the European Commission (EC) Jean-Claude Juncker proposed to finance spending on the defense of European states through joint bonds. He said this on Saturday in an interview with the German T-Inline portal referred to by DPA, TASR reports.
“There is no doubt that the German armed forces need more money, like other armies in Europe,” said Juncker, according to which their carbonation should be financed not only by German debt but also by joint European bonds. Juncker, who led the EC between 2014-2019. Bonds that have caused controversy in Germany.
Juncker also described the defense policy of Europe as insufficient. “The European defense budgets are too modest to take them seriously,” he said, saying that Europe must become more independent.
In addition to increasing investment in defense, Juncker called for structural reforms. “If we organized the procurement in Europe a little more sensible and we had fewer types of weapons, fewer tanks and fewer helicopter types, we could save 100 billion a year,” thinks the former head of EK.Z
