Dawn.com
EU countries on Tuesday formally approved a new 150-billion-euro loan programme to help rearm in the face of Russia and worries over US reliability, according to the Polish presidency of the bloc.
The SAFE borrowing scheme, backed by the EU’s central budget, was proposed by Brussels in March as the bloc rushes to boost its defences…
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EU approves 150-billion-euro loan scheme to rearm
EU countries on Tuesday formally approved a new 150-billion-euro loan programme to help rearm in the face of Russia and worries over US reliability, according to the Polish presidency of the bloc. The SAFE borrowing scheme, backed by the EU’s central budget, was proposed by Brussels in March as the bloc rushes to boost its