@jhutrcv
Our plan for a European Rearmament Bank is gathering support. Here's a short thread on the key points In a line: Raise €100 bn (or more) for European defence—and spend it better· Use €10bn up-front state finance to borrow €90bn (or more) in private capital.· Long-term loans, better procurement, greater capacity.· Hardware first.· Boost growth, manufacturing and skills base in line with Draghi plan.· Led and founded by a core group of like-minded European NATO members — veto-proof.· Complements EIB defence mandate.· A profit-making but not profit-maximising bank.· Loans should be excluded from the EU’s rules on debts and deficits.· Time-limited, winding down once the job is done.· Act fast: political decision by June.
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