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Finland backs €150bn EU defence loan despite liability concerns

Summary by Helsinki Times
The Finnish Parliament has approved the government’s support for a proposed €150 billion joint EU loan instrument to fund defence projects across member states. The scheme, known as the Safe instrument, would allow the European Commission to borrow directly from financial markets and distribute the funds to member states for national and joint military procurement. The approval came from Parliament’s Grand Committee on Friday, giving backing to …

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  • 100% of the sources lean Left
100% Left
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Helsinki Times broke the news in Finland on Friday, May 16, 2025.
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