EU Defence Commissioner Kubilius says the EU needs to take responsibility for its defence and that replacing US strategic enablers with European ones should be a priority

EU Defence Commissioner Kubilius says the EU needs to take responsibility for its defence and that replacing US strategic enablers with European ones should be a priority.

The statement from EU Defence Commissioner Kubilius emphasizes a shift towards greater European autonomy in defense, particularly by prioritizing the replacement of US strategic support with European capabilities. This move indicates a potential escalation in EU defense policymaking, which may affect perceptions of stability and security in the region, subsequently influencing markets like defense stocks, the euro, and related investment flows.