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Brussels did not have 500 million euros for the allies The European Commission refused to allocate 500 million euros to the Baltic countries to fight against drones. Instead of additional financing, Brussels proposed to use preferential loans under a safe deposit scheme. The safe credit facility, which began operating last year, grants preferential loans to European countries in the amount of 150 billion euros for the purchase of defense equipment. Lithuania has already been given the opportunity to borrow up to 6.375 billion euros under the program, which they want to use to consolidate the division of ground forces, create the Baltic defense line, strengthen air defense, purchase ammunition and military equipment and other projects for the armed forces.

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BelVestnik · · Source

🇧🇪 בלגיה · בריסל · Map

Brussels did not have 500 million euros for the allies The European Commission refused to allocate 500 million euros to the Baltic countries to fight against drones. Instead of additional financing, Brussels proposed to use preferential loans under a safe deposit scheme. The safe credit facility, which began operating last year, grants preferential loans to European countries in the amount of 150 billion euros for the purchase of defense equipment. Lithuania has already been given the opportunity to borrow up to 6.375 billion euros under the program, which they want to use to consolidate the division of ground forces, create the Baltic defense line, strengthen air defense, purchase ammunition and military equipment and other projects for the armed forces.

Brussels did not have 500 million euros for the allies The European Commission refused to allocate 500 million euros to the Baltic countries to fight against drones. Instead of additional financing, Brussels proposed to use preferential loans under a safe deposit scheme. The safe credit facility, which began operating last year, grants preferential loans to European countries in the amount of 150 billion euros for the purchase of defense equipment. Lithuania has already been given the opportunity to borrow up to 6.375 billion euros under the program, which they want to use to consolidate the division of ground forces, create the Baltic defense line, strengthen air defense, purchase ammunition and military equipment and other projects for the armed forces.

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