@financialtimes.com reporting that 🇪🇺 is discussing setting up a 500bn 💶 defence fund

Some ‘details’ coming out suggest that its set-up might be clever for convincing fiscal hawks to join:

- voluntary nature backed by national guarantees not 🇪🇺-wide

-open to others, 🇬🇧🇳🇴

-EIB role

https://shorturl.at/FX315