On Friday, 14 February, President of the European Commission Ursula von der Leyen explained how Member States could use the flexibility in the revised Stability and Growth Pact to invest more in the defence sector—a possibility first mentioned after the informal European leaders’ retreat in early February (see EUROPE B13572A16).
During the Munich Security Conference (see other news), Mrs von der Leyen brought up the option of using the new “escape clause”, which a Member...