EU Explores New Defense Funding Sources Amid High Demand

The European Union is considering new sources of defense funding following the oversubscription of a €150 billion ($177 billion) loan plan. According to Jin10, insiders have revealed that discussions are in the early stages as the European Commission continues to disburse funds from existing loan projects. Officials anticipate that billions of euros will remain due to discrepancies between applications and final contracts. However, once the funds are depleted this spring, the Commission will assess the process and explore the feasibility of another round of financing, potentially including a second loan plan.