What are the EU's multiple plans to finance its defence boost ?

How will NATO allies increase defence spending beyond 2%?Today Radio Schuman dives into European defence together with Euronews reporter Paula Soler.European NATO and EU countries agree on increasing defence spending beyond 2% of GDP but disagree on how to achieve it. Some advocate joint borrowing for large defence projects, while others believe planning should remain in the hands of individual nations.At the Munich Security Conference, European Commission President Ursula von der Leyen proposed exempting defence spending from EU fiscal limits. EU finance ministers are debating this alongside other options, such as joint bonds, repurposing post-pandemic funds, boosting European Investment Bank lending and creating a re-armament bank.Radio Schuman also discusses today's meeting in Saudi Arabia between Russia and the US, and spotlights the expansion of so-called 'micro-forests' in cities.Radio Schuman is hosted and produced by Maïa de la Baume, with journalist and production assistant Eleonora Vasques, audio editing by David Brodheim. Music by Alexandre Jas.Europe Today is Euronews’ daily podcast hosted by Maria Tadeo and Méabh Mc Mahon, broadcasting directly from Brussels, at the heart of Europe.   Every morning, we deliver the top and exclusive stories shaping the European Union (EU) and beyond.Stay ahead with the key news and insights that matter in Europe today. Hosted on Acast. See acast.com/privacy for more information.