The European Union should develop a plan to issue Eurobonds to revitalize the continent’s defense industry. Estonian Prime Minister Kaja Kallas stated this at the Munich Security Conference. Bloomberg.
According to him, it is the EU that must ensure the issuance of securities, since bonds issued by individual countries cannot attract the required amount of funds.
It was noted that French President Emmanuel Macron and European Council President Charles Michel also supported the issuance of Eurobonds in order to improve the continent’s defense capabilities.
This week European Commission President Ursula von der Leyen statedHe said the EC will present a strategy for the EU military industry in March.
Formerly head of European diplomacy Josep Borrell aforementionedIt was stated that the defense industry of EU countries was unprepared for the conflict between Ukraine and Russia.
Previously reportedHe said that the EU wants to bring a new position in the defense sector.