The Twenty-Seven are making timid progress to better arm Ukraine. The interest on these assets represents between 2.5 and 3 billion euros per year.
“Please do not waste the necessary time” to strengthen the defense industry, he asked. France and other countries such as Estonia are in favor of launching a large European loan in order to respond, as was the case during the Covid pandemic, to the “existential” threat weighing on Europe. The 27 thus asked the European Investment Bank (EIB) to expand its loans to defense companies.