EU proposes borrowing 150 billion euros in big rearmament push

BRUSSELS (Reuters) -The European Commission proposed on Tuesday to borrow up to 150 billion euros ($157.76 billion) to lend to EU governments under a rearmament plan driven by Russia’s war in Ukraine and fears that Europe can no longer be sure of U.S. protection. Read full story

Source : https://www.thestar.com.my/news/world/2025/03/05/eu-proposes-borrowing-150-billion-euros-in-big-rearmament-push