The European Commission's ReArm Europe initiative, unveiled on March 4, 2025, aims to bolster the EU's defense capabilities by mobilizing up to €800 billion over the next decade. This strategic plan seeks to reduce reliance on external allies, enhance military infrastructure, and ensure sustained support for Ukraine amid ongoing geopolitical tensions. The plan includes suspending EU budget rules to allow member states to increase defense spending, obtaining defense loans from the European Investment Bank, repurposing cohesion funds (used for reducing economic inequality and social disparities between member states) to defense spending. While the European Parliament has shown support for the initiative, certain aspects have been expedited through the EU emergency close, therefore bypassing the EU Parliament's direct approval.