Reposted by Almut Möller
Very good that #EU countries are discussing a €500bn intergovernmental fund for common defence projects & arms procurement, which would issue bonds backed by national guarantees from participating countries rather than the EU as a whole.
www.ft.com/content/1698...
#EUCO
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ft.com
Europe races to set up €500bn defence fund
Initiative is open to UK and would tap bond markets to boost spending for Trump’s White House return