EU Approves €150 Billion Arms Fund to Strengthen Defense
TL;DR Summary
The EU has approved a 150 billion-euro arms fund to enhance European defense capabilities amid fears of Russian aggression and doubts about US security commitments, using joint borrowing to finance collaborative defense projects with a strong 'buy European' element, supported by 26 member states.
Topics:world#defense-spending#eu-arms-fund#european-defense-industry#joint-borrowing#russia-threat#world
- EU ministers approve new 150 bln-euro arms fund Reuters
- Europe’s defense awakening needs a second engine politico.eu
- Expert Sounds Alarm on $170 Billion European Defense Plan Newsweek
- EU approves €150 billion for ‘SAFE’ arms fund to boost defence France 24
- Brussels Approves $170 Billion Plan To Boost EU Defense Capabilities Radio Free Europe/Radio Liberty
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