Kubilius suggests controversial funding options for EU defence boost

Defence Commissioner-designate Andrius Kubilius has proposed controversial funding methods, including Eurobonds and recovery funds, to boost the EU’s defence industry amid growing debate over financing the sector.

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News Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.

“We cannot wait till the next [seven-year EU budget] will be operational, which will happen only in 2028,” the Lithuanian said, suggesting the Europeans must find alternative ways to fund the defence industry ramp-up than national contributions to the EU budget. (Photo by Philipp von Ditfurth/picture alliance via Getty Images)

Aurélie Pugnet Euractiv 18-09-2024 18:16 3 min. read Content type: News Euractiv is part of the Trust Project

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