The Commission intends to submit a relevant legislative proposal for the new financial tool to the next European Council to be held on March 20
The governments of the European Union countries should use the 150 billion -euro loans that the European Commission wants to raise from markets to boost the bloc’s defense capabilities for the purchase of equipment from European defense companies, said Commission President Ursula von Dero.
“These loans must fund markets from European production companies to help boost our own defense industry,” the Commission President said characteristically. She said that “the contract must be multi -year in order to provide the industry the predictability necessary. And finally,” she must be given. “
The Commission intends to submit a legislative proposal for the new financial tool to the next European Council to be held on March 20.
France, which traditionally argues to include clauses for the purchase of European equipment in defense initiatives undertaken by the bloc, has been stepping up the pressure lately, as it considers that the new European plan is a way to boost national production of EU countries.
French Finance Minister Eric Lobar, before entering EU finance ministers on Monday, said it was “very important for funds to be used to buy European products”.
The risk of depending on the block on the US defense industry was also pointed out by other countries of the Union.
“It is a matter of security and non -dependence on other continents,” Swedish Minister of Finance Elizabeth Svadeson said Tuesday.
The proposal to use European loans for the purchase of European products is also a way to bend the resistance of those who are concerned that other economic and social issues will be seconded. “This will also have a significant positive impact on our economy and competitiveness. It will include new factories and production lines “here in Europe, said Ursula von der Laien.
Source: Skai
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