EU ministers to discuss joint borrowing for defence, use of existing funds


  • World
  • Monday, 10 Mar 2025

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, April 20, 2016. REUTERS/Francois Lenoir/File Photo

BRUSSELS (Reuters) - European Union finance ministers will discuss on Monday how to pay for defence through new joint borrowing, existing EU funds and a greater role for the European Investment Bank, with a view to decisions in June, the Polish EU presidency said.

In an invitation letter to the ministers, Andrzej Domanski, the finance minister of Poland, which chairs EU meetings, said the talks would follow up on decisions by EU leaders last Thursday to explore these sources of financing.

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