EU urged to embrace ‘war economy’

The European Union should move its economy to a wartime footing amid the Ukraine conflict, Manfred Weber, the president of the European People’s Party (EPP), suggested on Thursday. He said that the move is required to ramp up the bloc's own defense potential, and that of Kiev.

Speaking to the newspapers of the Funke media group, Weber called for the reorganization of the EU arms industry. The MEP believes that the bloc needs “a kind of war economy… in order to be able to guarantee stability and security”.