In Brief: Will the European Union’s New Loan Instrument Be Effective in Boosting Defense Capabilities?

A lot happens every day. Alliances shift, leaders change, and conflicts erupt. With In Brief, we’ll help you make sense of it all. Each week, experts will dig deep on a single issue happening in the world to help you better understand it. *** In March, European Commission President Ursula von der Leyen announced the ReArm Europe Plan/Readiness 2030, designed to help boost E.U. member states’ defense spending. The effort comes amidst intensifying awareness that Europe can no longer remain reliant on the United States to help ensure European security. A key element of the plan is the creation of a new loan