Mmastodon WorldEU Politics first seen 2 d ago, last 2 d ago, peak #6

EU's €150B rearmament fund moving slowly, only 9% disbursed

Original: Europe built a €150B loan fund to rearm. Four months after the first payment, about €13.5B has gone out. That's 9%. 11 o

The EU's €150 billion loan programme to help member states rearm has paid out roughly €13.5 billion, about 9%, four months after the first payments. Eleven of the nineteen participating countries have received funds. Poland is the largest beneficiary with €43.7 billion, more than France and Romania combined, while Germany opted out of the scheme entirely and Italy only submitted its request in August, for roughly half of its available allocation.

Why now: Slow disbursement and uneven uptake of the EU's flagship defence lending instrument are drawing scrutiny amid ongoing pressure to strengthen European rearmament.

European UnionPolandGermanyItalyFrance

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• Europe built a €150B loan fund to rearm. Four months after the first payment, about €13.5B has gone out. That's 9%. 11 of 19 countries have been paid. Poland alone gets €43.7B, more than France and Romania combined. Germany opted out. Italy only asked in August, for about half… · AutokratDaily · 1

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