Brussels, Belgium, Jan 31, 2025 (AFP) - EU countries urge investment bank to up defence funding

NAMPA / AFP

2025-01-31

A majority of EU countries have called on the bloc's lending arm to increase funding for defence, as leaders prepare for talks Monday on boosting Europe's military might faced with the threat from Russia. A letter circulated Friday, signed by 19 of the 27 European Union members, including France and Germany, urged the European Investment Bank (EIB) to loosen its rules on what it can fund and up the amount of money available. "In light of the ongo......

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Business & Finance News

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