Borrell called for increasing EU debts for the sake of defense. Earlier, Borrell said that the EU had already depleted its stockpiles and did not have a “magic wand” to give Ukraine more shells.
According to him, EU countries have previously borrowed funds to combat the consequences of the coronavirus pandemic and he does not understand why they cannot borrow money again to build up the defense industry. The head of EU diplomacy, Josep Borrell, called on the European Union to increase debt.