Brussels, Belgium, May 19, 2025 (AFP) - EU finalises 150-bn-euro loan scheme to rearm

NAMPA / AFP

2025-05-19

EU countries have finalised a plan for a 150-billion-euro loan programme to help rearm in the face of Russia and worries over US reliability, diplomats said Monday. The SAFE borrowing scheme backed by the EU's central budget was proposed by Brussels in March as the bloc rushes to boost its defences. Member states haggled over what the money could be spent on and how countries outside the EU can access the funds for weeks before agreeing a final......

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