Summarize this content to 2000 words in 6 paragraphs in Arabic
\n The EU executive proposed in early March a five-point plan to rearm and reach defence readiness by 2030. In an exclusive interview, EU defence commissioner Andrius Kubilius told Euronews he expects member states to make use of options proposed in the plan instead of issuing more joint debt.
\n ADVERTISEMENTThe EU is not yet ready to issue so-called Eurobonds to ramp up much-needed defence capabilities to deter any potential military aggression against the bloc, EU Commissioner for defence and space Andrius Kubilius has told Euronews in an interview.\u00a0\u201cEurobonds means that the European Union will have a bigger debt, which will need to be serviced again by all the member states, and now we have in some ways a challenge on how to repay the existing debt,\u201d the former Lithuanian prime minister said. \u00a0“Preparation to discuss the next Multiannual Financial Framework (long-term EU budget) exactly shows that if we shall not find another solution, then quite a big part of the next MFF will be spent to repay pandemic debt,\u201d he added. \u00a0The EU\u2019s long-term budget represents 1% of the\u00a0bloc’s\u00a0GDP (around \u20ac1.2 trillion) \u2014 and the EU\u2019s debt repayments from grants issued in response to the Covid-19 pandemic are expected to run to between \u20ac25 billion and \u20ac30 billion annually, or to\u00a0up to 20% of the bloc\u2019s annual cash pot. \u00a0Kubilius said he expects member states to use the instruments and options already proposed under the\u00a0\u201crearm Europe\u201d\u00a0plan – now rebranded as ‘Readiness 2030’ – as the bloc has not yet decided how to repay the debt incurred for pandemic-related recovery funds.\u00a0\u201cWhatever instrument you are using, loans or bonds (grants), at the end somebody will need to pay those amounts of money, so that’s why we should not go for bonds before we shall get those answers,\u201d the Commissioner argued.\u00a0\u201cFor the next four years, in some kind of idealistic scenario, member states will start to spend 3.5% of GDP, so it will be \u20ac2.4 trillion spent on defence. The question is: will it cover all the needs, or\u00a0we shall need to have additional funding?\u201d he said, adding that they expect to have a clear view of what the real needs are by June. \u00a0In early March, EU Commission President Ursula von der Leyen presented a plan to mobilise up to \u20ac800 billion over the next four years, which heavily relies on member states increasing their national spending on defence. \u00a0The five-point roadmap gives member states the fiscal space to raise their defence spending up to 3.5% GDP (which would result in \u20ac650 billion) and includes proposals to mobilise more private capital, adapt the European Investment Bank’s (EIB) mandate, and incentivise defence-related investments in the common budget.\u00a0 \u00a0The remaining \u20ac150 billion would come from a new financial loan instrument called “SAFE”, which allows the Commission to borrow on the capital markets to issue bonds and lend to member states. \u00a0For such an instrument, the EU executive is promoting the purchase of European defence products, with a requirement that at least 65% of the value of simpler products such as missiles, small drones and ammunition be purchased within the EU, EEA-EFTA countries or Ukraine. \u00a0The remaining 35% could come from outside these countries, and those who sign a security and defence agreement with the bloc could opt to be included in the 65%.\u00a0Kubilius said that the European industry is currently demanding much more European investment to develop the bloc\u2019s industry as a strategic asset. “That’s why we have those very clear requirements,” he stressed.\u00a0\u201cWe want to incentivise member states to spend more money on European production,\u00a0with possibilities to have partnership agreements with other countries like Great Britain, Canada, which would then bring those countries up to the same level as European countries,\u201d the Lithuanian commissioner said. \u00a0For the other \u20ac650 billion of the \u20ac800 billion \u201crearm Europe\u201d plan, member states will be free to import from whichever country they choose. \u00a0ADVERTISEMENTDefence spending should only include… defenceThe EU is trying to give its member states more fiscal leeway to increase defence spending – but first, they have to agree on what counts as defence spending. \u00a0So far, the definition has been very narrow, referring mainly to tanks, planes and guns, and excluding, for example, the costs of training, hiring and paying crews.\u00a0In recent weeks, countries such as Spain and Italy have argued that the definition should be broadened to include spending on counter-terrorism, climate change and other security investments.\u00a0“The threats on Southern Europe are somewhat different from those in Eastern Europe. In our case, they are related to cybersecurity, hybrid threats: what we need to do is improve our cybersecurity capabilities, counterterrorism efforts, security in the Mediterranean, satellite connections, quantum computing, AI, and their implications for national security,” the Spanish prime minister\u00a0said last week in Brussels.\u00a0ADVERTISEMENTThe defence\u00a0commissioner\u00a0said that there is indeed a need for additional spending on preparedness, climate change and so on, but that it should be done in a separate way from defence spending.\u00a0\u201cWe need to fight against climate change. We need to fight for social protection, things which are also very important, but let’s do job by job. Defence is defence,\u201d Kubilius said.\u00a0Assessments by NATO and several other EU countries suggest that Russia will be ready to attack one of the member states within three to ten years. \u00a0Russia currently produces far more than Europe, with Russian defence production in 2024 alone estimated at 1,550 tanks, 5,700 armoured vehicles and 450 artillery pieces of all types.\u00a0ADVERTISEMENT\u201cIn\u00a0order to deter the possibility of aggression, we need to produce real weapons,\u00a0but again, it should not be in some way viewed as some kind of competition with other tasks,\u201d he concluded.<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic The EU executive proposed in early March a five-point plan to rearm and reach defence readiness by 2030. In an exclusive interview, EU defence commissioner Andrius Kubilius told Euronews he expects member states to make use of options proposed in the plan instead of<\/p>\n","protected":false},"author":1,"featured_media":253412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":{"0":"post-253411","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politics"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/253411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=253411"}],"version-history":[{"count":1,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/253411\/revisions"}],"predecessor-version":[{"id":253413,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/253411\/revisions\/253413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media\/253412"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=253411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=253411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=253411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}