The US's ongoing withdrawal of key military assets from Europe will cost €500 billion to replace, European Commissioner for Defence Andrius Kubilius said on Tuesday, warning that the bloc must work together and start producing the “big items” it needs to defend itself – or suffer the consequences.
"We have big defence industrial challenges at the moment for the European Union,” he said at a public event in Brussels. “German experts just recently calculated that it will cost around €500 billion for Europeans to build those strategic enablers and to replace American strategic enablers now located on the European continent."
