Tackling under-investment in EU defence: Is the bloc putting its money where its mouth is?

Just about everyone in the EU institutions and national capitals can agree that business as usual is no longer an option when it comes to security. With the US stepping back from Europe and NATO, and Ukraine under great pressure, the EU is mulling what looks like an ambitious plan to overhaul its defence policy. In theory, ReArmEU will raise €800 billion for this effort. But it is not clear exactly how all that money is going to be made available, nor how fast the effects of this overhaul are going to be felt. We unpack the EU’s defence reforms with two MEPs who work on foreign affairs and security matters at the European Parliament.