Loan scheme to rearm Europe could be ‘important breakthrough’ in Ukraine support
The GuardianFriday, May 23, 2025 at 4:00:21 AM
The EU is rolling out a massive €150 billion loan program to help member states boost their military capabilities, with defense commissioner Andrius Kubilius calling it a potential "game-changer" for supporting Ukraine. He anticipates strong demand from countries looking to modernize their defenses while backing Kyiv.
Editor’s Note: With Russia's war grinding on, Europe’s scrambling to arm itself—and keep weapons flowing to Ukraine. This loan scheme isn’t just about cash; it’s a signal that the EU’s finally getting serious about collective defense. If it works, it could mean faster, bigger support for Kyiv while shoring up Europe’s own shaky militaries. But the real test? Whether governments actually step up to borrow and spend.
— Curated via WP Now’s
