💨 Abstract

Poland and Portugal are considering seeking exemptions from EU borrowing limits to increase defense spending, with Poland planning to submit the request next week. The European Commission proposed this national escape clause to help boost EU defense investment by 650 billion euros over four years. However, other countries with high debt are hesitant to borrow more for defense, particularly those far from Russia.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖