On Tuesday 11 March, the European Finance Ministers will be discussing the arrangements for providing a framework at European Union level for the activation by Member States of the ‘national escape clause’ in the Stability and Growth Pact, which authorises them to increase their military spending.
These clauses will allow Member States to do so “for a limited period of time - we suggest four years - and up to 1.5% of GDP for each of these years”, said Valdis Dombrovskis, European...