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Economy Commissioner Valdis Dombrovskis stressed the flexibility is a stop-gap until countries reframe budgets around higher defense needs.

The EU wants to double military aid to Ukraine but southern European countries want to wait and maintain current support.

Demand had not increased since 2022. The price of electricity in the wholesale market has been decreasing for two years, but ...

Italian Foreign Minister Antonio Tajani said the proposal needed further discussion and that Italy was awaiting the outcome of the upcoming call between U.S. President Donald Trump and Russian ...

Italy and Spain are hesitant to support an EU proposal for 40 billion euros in military aid to Ukraine. While northern and ...

Italy and Spain made clear on Monday they were not ready to back a European Union proposal to pledge up to 40 billion euros ...

Additionally, more than half of those surveyed agreed that it is necessary to increase the country’s defense spending, while 49.4% considered the current defense spending to be insufficient ...

Spain’s prime minister has told European allies recently that his country is willing to spend more on defense - and faster - ...

Spain and Ukraine signed an agreement on military training for Ukrainian troops on Friday, 14 March. Source: Ukraine's ...

Thanks to the largest stable of import terminals in the European Union, Spain has become the top re-exporter of sea-borne ...