[HIGHLIGHTS] Growing investments: Von der Leyen wants to build a new European defense industry

EU Commission President Ursula von der Leyen wants to build a new European defense industry. The EU also wants to use increasing spending on weapons and ammunition to provide greater deterrence.

On the sidelines of the Munich Security Conference, the CDU politician also spoke of a job engine. The significance of the Ukraine war goes far beyond the country and Russian President Vladimir Putin's attempt to wipe Ukraine off the map, she said. “The autocrats are watching closely how we react,” said von Der Leyen.