EU adopts €150 billion defense debt plan

From RT

The initiative aims to fund European weapons production and procurement in order to reduce dependence on the US The Council of the European Union has formally endorsed a plan to fund military buildup efforts across the bloc through a €150 billion ($170 billion) borrowing mechanism. The initiative comes after Washington announced it would ramp down […]

May 27th 2025 12:27pm EDT

Source Link: https://www.rt.com/news/618217-eu-militarization-mechanism-approved/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

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