The Prague Post - EU leaders plot defence boost in shadow of Denmark drones

EUR -
AED 4.343054
AFN 77.464136
ALL 97.314396
AMD 448.283543
ANG 2.116924
AOA 1084.432259
ARS 1694.708788
AUD 1.714639
AWG 2.13043
AZN 2.015092
BAM 1.969853
BBD 2.380986
BDT 144.641832
BGN 1.986001
BHD 0.445363
BIF 3501.922827
BMD 1.182587
BND 1.512403
BOB 8.170984
BRL 6.256361
BSD 1.182133
BTN 108.538796
BWP 16.401265
BYN 3.347345
BYR 23178.695489
BZD 2.378068
CAD 1.622805
CDF 2578.039008
CHF 0.922409
CLF 0.026073
CLP 1029.489324
CNY 8.24689
CNH 8.21806
COP 4303.43229
CRC 585.073884
CUC 1.182587
CUP 31.338542
CVE 111.079508
CZK 24.267271
DJF 210.169739
DKK 7.466899
DOP 74.481346
DZD 153.154875
EGP 55.703589
ERN 17.738798
ETB 184.1847
FJD 2.661179
FKP 0.876646
GBP 0.866681
GEL 3.18162
GGP 0.876646
GHS 12.888617
GIP 0.876646
GMD 86.329235
GNF 10357.032173
GTQ 9.075625
GYD 247.383983
HKD 9.221278
HNL 31.183461
HRK 7.533317
HTG 155.079109
HUF 382.153287
IDR 19840.785951
ILS 3.707232
IMP 0.876646
INR 108.332615
IQD 1548.748685
IRR 49816.456691
ISK 145.777895
JEP 0.876646
JMD 186.126375
JOD 0.838501
JPY 184.134678
KES 152.412203
KGS 103.416722
KHR 4758.95617
KMF 496.686746
KPW 1064.338708
KRW 1710.387141
KWD 0.362349
KYD 0.985426
KZT 595.242259
LAK 25552.69332
LBP 105886.62599
LKR 366.242755
LRD 218.745839
LSL 19.080821
LTL 3.491871
LVL 0.715335
LYD 7.523229
MAD 10.830718
MDL 20.124567
MGA 5349.292392
MKD 62.085779
MMK 2483.184454
MNT 4217.418655
MOP 9.497241
MRU 47.26418
MUR 54.292994
MVR 18.271409
MWK 2050.351871
MXN 20.533018
MYR 4.736855
MZN 75.57955
NAD 19.080821
NGN 1680.526824
NIO 43.500329
NOK 11.555294
NPR 173.661872
NZD 1.987207
OMR 0.45421
PAB 1.182486
PEN 3.965993
PGK 5.057082
PHP 69.733624
PKR 330.77503
PLN 4.208885
PYG 7907.046545
QAR 4.310947
RON 5.101724
RSD 117.525888
RUB 89.207823
RWF 1724.582233
SAR 4.434624
SBD 9.606873
SCR 16.856244
SDG 711.330129
SEK 10.584272
SGD 1.505082
SHP 0.887246
SLE 28.859447
SLL 24798.24684
SOS 674.551964
SRD 45.081425
STD 24477.153012
STN 24.676037
SVC 10.345951
SYP 13078.904017
SZL 19.08015
THB 36.767051
TJS 11.055903
TMT 4.139053
TND 3.441552
TOP 2.847384
TRY 51.289018
TTD 8.030288
TWD 37.116428
TZS 3021.508915
UAH 50.984149
UGX 4178.811402
USD 1.182587
UYU 44.778344
UZS 14348.360383
VES 416.584326
VND 31036.982812
VUV 141.991093
WST 3.267707
XAF 660.805254
XAG 0.011483
XAU 0.000237
XCD 3.196
XCG 2.131053
XDR 0.821141
XOF 660.80244
XPF 119.331742
YER 281.814608
ZAR 19.059842
ZMK 10644.701884
ZMW 23.197393
ZWL 380.792372
  • RBGPF

    0.0000

    84.04

    0%

  • SCS

    0.0200

    16.14

    +0.12%

  • CMSD

    0.0900

    24.13

    +0.37%

  • RELX

    0.0600

    39.9

    +0.15%

  • CMSC

    0.1000

    23.75

    +0.42%

  • NGG

    1.3200

    81.5

    +1.62%

  • RYCEF

    0.1500

    17.12

    +0.88%

  • AZN

    1.2600

    92.95

    +1.36%

  • GSK

    0.5000

    49.15

    +1.02%

  • RIO

    3.1300

    90.43

    +3.46%

  • BCE

    0.4900

    25.2

    +1.94%

  • BCC

    -1.1800

    84.33

    -1.4%

  • VOD

    0.2300

    14.17

    +1.62%

  • BTI

    0.9400

    59.16

    +1.59%

  • BP

    1.1000

    36.53

    +3.01%

  • JRI

    0.0100

    13.68

    +0.07%

EU leaders plot defence boost in shadow of Denmark drones
EU leaders plot defence boost in shadow of Denmark drones / Photo: Sebastian Elias Uth - Ritzau Scanpix/AFP

EU leaders plot defence boost in shadow of Denmark drones

EU leaders will discuss bolstering Europe's defences and Ukraine's financial firepower at a Wednesday summit in Denmark, where mysterious drone flights have ramped up fears about the threat from Russia.

Text size:

Thousands of police are on high alert, civilian drones have been banned and NATO allies have sent reinforcements as the continent converges on Copenhagen for the long-planned talks, followed by a broader gathering of European leaders Thursday.

Denmark -- which holds the EU's rotating presidency -- has been rattled in recent days as unidentified drones shut down airports and flew near military sites.

Nordic neighbours as well as allies from the United States to Ukraine have dispatched anti-drone technology and specialists to bolster Denmark's capabilities ahead of the summit talks.

Suspicions have pointed at Russia for what Prime Minister Mette Frederiksen called a "hybrid attack" -- but so far no culprit has been definitively named.

Nonetheless the drone incidents have sharpened the focus on the chinks in Europe's defences after high-profile air incursions by Moscow in Poland and Estonia.

EU leaders meeting in the Danish capital are looking to flesh out details for priority projects, including a "drone wall" aimed at countering Russia's threat.

Defence ministers from some 10 countries mostly along the EU's eastern flank last week kicked off talks on the plan to build a system of defences to detect, and ultimately take down, drones.

The EU is looking to tap the war-tested expertise of Ukraine, whose President Volodymyr Zelensky will join for Thursday's gathering of the European Political Community.

"Europe must deliver a strong and united response to Russia's drone incursions at our borders," EU chief Ursula von der Leyen said Tuesday.

Wednesday's discussion is the latest step in the EU's efforts to get ready for a potential conflict with Russia by 2030 -- as warnings swirl Moscow could look to attack in the coming years.

Leaders will seek to lay out a roadmap for addressing Europe's most pressing defence needs as confidence wavers in US backing under President Donald Trump.

The 27-nation bloc has already come up with a 150-billion-euro loan scheme to help fund defence spending, with the lion's share being snapped up by eastern countries.

Brussels has proposed countries now club together on four "flagship" projects -- the drone wall, securing the eastern flank, missile defences and a space "shield".

- Tapping Russian frozen assets? -

But while the EU looks to prepare for a possible future war, a crucial pressing issue is how to help finance Ukraine as it tackles Moscow's ongoing invasion.

"Putin wants to have us talking about ourselves, not about Ukraine, not about helping Ukraine, not to push back Russia in Ukraine," Estonian Prime Minister Kristen Michal told AFP in an interview on the eve of the summit.

Leaders will pick over a proposal from Brussels to use frozen Russian central bank assets to fund a new 140-billion-euro loan for Kyiv.

That push could face resistance from Belgium, where most of the assets are held, but it is seen as crucial to help Kyiv plug looming budget shortfalls.

As US support for Ukraine has dried up under Trump, the plan last week won the backing of key powerbroker, German Chancellor Friedrich Merz.

Officials say they hope to get a green light from leaders to continue work on the plan.

"The positions are not necessarily black and white, no and yes, some may say that they could ponder going down that road if certain conditions are met," a senior EU official said.

Beyond the push to keep Ukraine going financially, officials are also trying to keep Kyiv's bid to join the EU on track despite a block from Hungarian leader Viktor Orban.

Russia-friendly Orban has been flexing his veto to stop negotiations with Ukraine from progressing.

European Council chief Antonio Costa, who chairs the summit, has been canvassing support for a plan that would mean countries cannot veto each new step of talks.

"No leader to this day has replied with a total 'no', in a totally negative way to this idea," the EU official said.

But it appears it would be a stretch -- and need the consent of Orban and all the other leaders.

M.Soucek--TPP