European think tank Bruegel proposes EU eurobonds for financing a new air defense system amid rising security threats.

Bruegel, a European think tank, recommends the EU issue eurobonds to finance a new air defense system, emphasizing the need for joint borrowing amid rising security threats. This proposal supports Commission President Ursula von der Leyen's promise and could involve hundreds of billions in investments. Despite Germany's opposition to joint borrowing, Bruegel argues it could facilitate essential defense upgrades and collaboration among member states.

September 17, 2024
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