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EU wants to increase defense spending, media reported


EU logo. File photoMOSCOW, Mar 10The European Union intends to dramatically increase defense spending and become more independent in the production of microprocessors, pharmaceuticals or food, Reuters reports, citing the draft declaration of the EU summit in Versailles. Informal summit of leaders EU countries will be held at Versailles on March 10-11.

"Europe has relied on the US for decades as the main pillar of security, now the EU wants to dramatically increase defense spending and make Europe more independent in the production of microprocessors, pharmaceuticals or food&# 34;, — reports Reuters with reference to the project.

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