EU Finance Chiefs Seek More Defense Funds, But Question How
- Options on table include EIB investments and joint bonds
- Two-day meeting of ministers in Ghent starts on Friday
Ukrainian artillerymen operate a Caesar 8x8 self-propelled howitzer in southern Ukraine in February.
Photographer: Genya Savilov/AFP/Getty ImagesThis article is for subscribers only.
European Union finance chiefs are trying to figure out how to fund increased spending needs for defense as the war in Ukraine is about to enter its third year.
“We need to see how we can use the EIB to finance the challenges that we have in Europe,” Belgian Finance Minister Vincent Van Peteghem told reporters on Friday.