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Europe Daily Bulletin No. 13842
ECONOMY - FINANCE - BUSINESS / Economy/defence

SAFE instrument - EU Council gives green light to investment plans for France and Czech Republic

On Wednesday 1 April, the ambassadors of the Member States to the European Union (Coreper) approved the investment plans of France and the Czech Republic, which will be supported for a total of €15.09 billion and €2.06 billion respectively under the European SAFE lending instrument for Member States to increase their military spending (see EUROPE B13836A21).

The two national plans will be formally adopted following a written procedure which will expire on 10 April.

Of the nineteen...