EU grows impatient over Italy’s hesitancy on €14.9bn defence loan

Italy has still not decided how much it will draw from its low-interest defence loans, as domestic factors hold up the decision. Brussels and other capitals are growing impatient, with the clock ticking to reallocate any unspent money elsewhere. ADVERTISEMENT ADVERTISEMENT Security Action for Europe (SAFE) is the EU’s defence financing programme, offering European governments low-interest loans to fill critical gaps in military capacity, including support for Ukraine’s war effort. Italy requested €14.9bn in loans…

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