The EU has reached reconciliation for 150 billion fund in defence, a European diplomat says

The EU has reached reconciliation for 150 billion fund in defence, a European diplomat says

The European Union states have agreed in principle about proposals for a fund worth 150 billion euros with the aim of empowering Europe's defence, an EU diplomat said on Monday. This fund is known as Europe Security Action (SAFE), reports news agency “Reuters”. The plan proposed by the European Commission in [...]

This fund is known as Europe Security Action (SAFE), news agency reports .

The plan proposed by the European Commission in March will be financed through joint debts and lent to EU countries and other countries like Ukraine for projects that strengthen their defence and strengthen the arms industry in Europe.

The president of the United States, Donald Trump, has long complained that his country pays an unfair burden for the protection of allies and has warned that Washington will not protect those states that spend little in this regard.

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