The European Commission is seeking to set up collective arms purchasing for the entire bloc, in what would represent a significant transfer of power to Brussels.
Ursula von der Leyen, head of the EU’s executive, said on Tuesday that the bloc would set up a “European Military Sales Mechanism” — a strategic reserve of European weaponry that capitals could purchase from to refill their own inventories.
The initiative is part of the continent’s rearmament drive and aims to provide additional orders for arms manufacturers which have struggled to scale up production despite Russia’s war in Ukraine. France and Germany have also announced more investment in their domestic weapons industries.
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