The EU is poised to spend up to €800billion (£660billion) on defence thanks to a new major continental funding drive, European Commission chief Ursula von der Leyen has vowed. On Tuesday, Von der Leyen proposed a borrowing drive worth €150billion to lend to EU Governments - which,

European Commission President Ursula von der Leyen said the massive ‘ReArm Europe’ package will be put to the 27 EU leaders.

European Union leader Ursula von der Leyen says the bloc is "in an era of rearmament," as Trump casts rising doubt on old alliances.