On Wednesday 2 April, the ambassadors of the Member States to the European Union (Coreper) held an initial exchange of views on the proposal for a ‘SAFE’ regulation aimed at setting up a European financial instrument to grant loans to Member States wishing to invest more in military spending (see EUROPE B13603A8).
The discussion took place on the basis of a compromise proposal from the Polish Presidency of the EU Council. According to several sources, this text slightly modifies the...