The EU proposes issuing €100B worth of Eurobonds to stimulate its defense industry.
The EU should work on a plan to issue €100B worth of Eurobonds to promote the continent’s defense industry while doing more to provide arms to Ukraine, said Estonian Prime Minister Kaja Kallas. According to her, after the elections in June the new European Commission must apply the same unified approach to security as the current commission displayed when it was fighting the pandemic. “Bonds issued by individual countries are too small. Eurobonds can have a much greater impact,” Kallas