EU Considers New Joint Borrowing Totaling Nearly $450Bln - Document

NAMPA / Sputnik

2026-10-10

MOSCOW, October 10 (RIA Novosti) - The European Union is considering an opportunity to borrow up to 400 billion euros ($448 billion) on the capital markets for loans to its member countries in case of a serious crisis, according to a negotiating document on 2028-2034 budget published by the EU Council and reviewed by RIA Novosti on Saturday. "In the event of a severe crisis, severe hardship or serious threat thereof affecting the Union or its Mem......

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