The EU has approved a plan for 150 billion euros of defense loans
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The EU Council on May 27 approved the SAFE tool, which provides for the possibility of borrowing up to 150 billion euros for investment in the defense industry of Member States.
Source: Poland’s presidency in the EU in a comment by the correspondent “European Truth”
Details: « The SAFE mechanism was approved by a wide consensus. There was no vote against, one state abstained, » – said a representative of the Polish presidency.
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He refused to name a state that did not support the initiative.
In turn, a diplomat from another EU state on the conditions of anonymity reported « Euro Truly » that Hungary abstained.
Recall that the agreed mechanism involves involvement in the financial markets Up to 150 billion euros In order to help EU Member States, rapidly growing investments in the defense industry in Europe.
Funds will be provided upon request of interested Member States on the basis of national plans.
It is worth noting that Within the Safe initiative The Ukrainian defense industry will be able to be involved in equal rights with the defense of the EU countries.
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