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Loan scheme to rearm Europe could be ‘important breakthrough’ in Ukraine support

EU defence commissioner says he expects a lot of loan requests from member states under €150bn programmeA €150bn (£126bn) loans programme to rearm Europe that was finalised this week could be “a very important breakthrough” in the EU’s military support for Ukraine, the bloc’s defence commissioner has said.Andrius Kubilius, a former prime minister of Lithuania who is the EU’s first defence commissioner, said he expected a lot of member states to request EU-backed loans under the €150bn Security Action for Europe (SAFE) scheme, which was approved on Wednesday. Continue reading...


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