FT: Turkey outside the new European Defense Fund of 150 billion euros

In addition to the new joint fund, amounting to 150 billion euros, the European Commission has set Turkey for defense spending and investment, as it appears from the presentation of the White Bible for European Defense and the Financial Times broadcast. In the texts released, the Commission notes that the prerequisite for participating in the new financial tool, called Safe, will be the signing of “Corporate Relations for Security and Defense with the European Union”. Although the details of the new Fund have not been finalized and will be discussed at the leaders’ level next time, the Commission documents state that thanks to Safe “Member States will be able to immediately and massively increase their defensive investments, through joint supplies from the European defense”. This indicates that the French position for prioritizing European weapons systems has gained ground. According to the Financial Times, who first highlighted the news, Brussels’ proposal to 27 Member States predicts that at least […]
Source: News Beast

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