EU countries reach agreement on $170B loan plan to boost defense spending Related news

UE, NATO, Politica externa

ISTANBUL Amid a push for Europe to do more to defend itself, EU countries have agreed on a €150 billion ($170 billion) loan plan to boost defense spending through 2030, including joint projects, new procurement, and restocking. European Council President Antonio Costa on Wednesday confirmed the agreement on X, calling it "an important step towards a stronger Europe." "It delivers on the commitments made by EU leaders in March, helping member states invest jointly in European defence and

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