Romania Approves 8.33 Billion Euro EU Defense Contracts

Romanian lawmakers approved 8.33 billion euros in EU-funded defense deals. The contracts with Rheinmetall and Airbus focus on munitions and border security.

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Romania lawmakers approved €8.33B ($9.8B) in defense contracts on Tuesday to be funded by the European Union. The approval clears the final legislative hurdle before a May 31 deadline for the EU SAFE re-armament initiative. The deal secures long-term military modernization for the NATO member despite a looming no-confidence vote in the Bucharest government.

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