Finland backs €150bn EU defence loan despite liability concerns
Summary by Helsinki Times
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Finland backs €150bn EU defence loan despite liability concerns
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 …
·Finland
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Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
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- 100% of the sources lean Left
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