Exclusive-European crisis fund worth over $500 billion could be used for defence, says ESM chief

FRANKFURT, Jan 30 (Reuters) – A European crisis fund with more ‌than 430 billion euros ($514 billion) of firepower could lend money to countries for defence, the head of the European Stability Mechanism told Reuters, as the bloc ‌scrambles to reinforce its military. Read full story

Source : https://www.thestar.com.my/news/world/2026/01/30/exclusive-500-billion-euro-crisis-fund-could-be-used-for-defence-says-esm-chief