💨 Abstract

European Union finance ministers will discuss on Monday ways to finance defense, including new joint borrowing, EU funds, and a broader role for the European Investment Bank. The talks, led by Poland, aim to make decisions in June on funding mechanisms for defense projects. The ministers will also consider changes to EU fiscal rules to allow member states to increase defense spending without violating debt rules. The discussion follows the recent freeze of U.S.

Courtesy: theprint.in

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