EU Opens €21.3 Billion in Leftover Defence Loans and Tells Capitals to Spend Them With Ukraine
Europe / Defence — The Commission opened the €21.3 billion left unclaimed in the EU’s €150 billion SAFE defence-loan scheme to all member states on Thursday — leftover borrowing capacity, not new money — and urged capitals to spend it on joint procurement with Ukraine, starting with air defence, drones and ammunition.
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