The European Union agrees to launch a loan plan of 150 billion euros

Digest opens free editor

Rola Khaleda, FT editor, chooses her favorite stories in this weekly newsletter.

The capitals of the European Union have agreed to launch a 150 billion euro loan fund against the joint budget of the bloc, in a historic transformation of the Brussels that Russia’s war was pushed against US President Donald Trump’s demands in Europe to spend more on its security.

The initiative, which will allow the European Union countries to borrow from Brussels and spend on arms systems and platforms through joint purchases, was. The European Commission proposed Earlier this year as a way to accelerate the armament of the continent.

She obtained a political agreement from the capitals on Monday morning, according to three officials familiar with the decision to the Financial Times, after that. Months of bargaining on the details How to spend money. The officials said that it will be officially agreed on Wednesday.

This is a developing story