EU envoys reach deal on 150 billion euro arms fund

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BRUSSELS (Reuters) – European Union ambassadors signed off on Wednesday on a new flagship arms-buying fund, being set up quickly to provide 150 billion euros ($170 billion) in loans for defence projects, driven by fears of Russia and doubts about future U.S. protection of Europe. Read full story

Date: 22 May, 2025 12:03 am
Source: thestar.com.my

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