Denis Shmyhal says it is ready to sign minerals deal after Trump paused aid and says country ‘will continue to work with US in a calm manner’

New EU plans to strengthen Europe’s defence industry and increase military capabilities could mobilise close to €800bn ($841.4bn), EU Commission president Ursula von der Leyen said on Tuesday in Brussels.

The EU will propose to give member states more fiscal space for defence investments, as well as €150bn euros in loans for those investments, and will aim to mobilise private capital as well, Reuters reports von der Leyen said