Where finance and media intersect with reality

Search

France pitches radical joint EU borrowing plan to pay for defense (POLITICO)

By Bjarke Smith-Meyer · Mar 20, 2024 BRUSSELS ― The French government is pushing for the European Union to issue joint debt to pay for increased military spending and is pitching the radical idea to its European counterparts, according to a confidential letter seen by POLITICO. In the diplomatic note, likely to spark fierce opposition […]