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Image header Agence Europe
Europe Daily Bulletin No. 13639
ECONOMY - FINANCE - BUSINESS / Economy/defence

Andrzej Domański believes EU countries may reach agreement in May on ‘SAFE’ loan instrument designed to increase military spending

On Tuesday 13 May, the Polish Finance Minister, Andrzej Domański, hoped that the Council of the European Union would be able to reach an agreement in “May” on the proposal to set up the ‘SAFE’ instrument, which will grant loans of up to €150 billion to countries that request it.

Mr Domański reported that there was “very broad” political support from the Member States to achieve a rapid conclusion to the negotiations. He noted that there was agreement on “the main...

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