EU Commission Proposes Joint Borrowing as Part of 800 Billion Euro Defense Plan

TEHRAN (Tasnim) – The European Commission proposed on Tuesday new joint European Union borrowing of 150 billion euros ($157.76 billion) to lend to EU governments for defense as part of an overall 800 billion financing effort to boost Europe’s defense capabilities.

2025-03-07 12:03:54     0    14657   Read Time: 1 minute
EU Commission Proposes Joint Borrowing as Part of 800 Billion Euro Defense Plan

TEHRAN (Tasnim) – The European Commission proposed on Tuesday new joint European Union borrowing of 150 billion euros ($157.76 billion) to lend to EU governments for defense as part of an overall 800 billion financing effort to boost Europe’s defense capabilities.

News ID: 12227714