Thank you very much, dear António, for convening this extraordinary Council. In extraordinary times, special measures are needed.
And thank you very much, dear Volodymyr, for coming, because it is crucial that we stand together.
This is a turning point for Europe and for Ukraine as part of our European family. Europe faces a direct threat and must be able to protect itself. Ukraine must also defend itself and strive for a just and lasting peace.
We want peace through strength. That is why I am presenting the ReArm Europe plan today to the leaders. The plan provides up to EUR 800 billion for defense investment. Member States have the space to invest in defense, including the Ukrainian defense industry, or procure military capabilities that go directly to Ukraine. This benefits the rearming of Europe and the arming of Ukraine in their fight for sovereignty and territorial integrity.
So, Volodymyr, thank you for coming. It is an important moment to show that we stand by Ukraine for as long as it takes.