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Image header Agence Europe
Europe Daily Bulletin No. 13636
Contents Publication in full By article 25 / 43
ECONOMY - FINANCE - BUSINESS / Economy/defence

Rapid agreement in EU Council on ‘SAFE’ instrument depends on outcome of EU/UK summit

The Polish Presidency of the Council of the European Union is maintaining its objective of reaching a political agreement “by the end of May” by a qualified majority of Member States on the ‘SAFE’ budget instrument, which will provide up to €150 billion in loans to countries which want to increase their military spending (see EUROPE B13631A3).

There are “very few outstanding issues”, said a senior diplomat on Thursday 8 May, confident that a political agreement could be...

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