Ukrainian paratrooper with shrapnel wounds leads 5km evacuation of wounded comrades from Kursk encirclement
EU greenlights €150 billion defense loan plan, Hungary reportedly abstains
At its May 27 meeting, the EU General Affairs Council approved the SAFE instrument, which allows the EU to loan up to €150 billion to invest in the defense industry
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European Pravda reported the information.
“The SAFE mechanism was approved by broad consensus. No one voted against it, but one country abstained,” said a representative of the Polish presidency.
He did not name the country that didn’t support the plan.
However, a diplomat from another EU member state told the outlet, speaking anonymously, that Hungary was the one that abstained.
- Back on May 21, EU countries agreed to set up a €150 billion defense fund called Security Action for Europe (SAFE).
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