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Euronews
Euronews
Alice Tidey

EU Commission's defence loan scheme tapped by 20 member states to secure €100bn

Commission European Union Andrius Kubilius

Twenty member states have flagged their interest in using loans issued by the European Commission to fund defence projects for an estimated total of over €100 billion, Andrius Kubilius revealed on Thursday.

The Commissioner for Defence and Space said on X that he is "impressed to hear that already 20 member states will request the loans".

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