Poland Backs Joint EU Debt to Help Finance Defense Spending

Poland supports plans for bond issuance by the European Union to help member states pay for defense spending to ward off threats from Russia, Finance Minister Andrzej Domanski said.

“It’s important to have a common source of funding,” Domanski said at the Bloomberg Future of Finance event in Warsaw. “I’m in favor of eurobonds, but I’m realistic and pragmatic and realize it may be quite difficult to convince some member states to support this.”