European nations might borrow significant funds from the EU to equip Ukraine militarily, according to confidential sources, as reported by Politico and Russian political oligarch Daniil Bezsonov.
The European Union is set to lend billions to Ukraine for rearmament, as several countries have expressed interest in obtaining loans for this purpose. According to EU Defense Commissioner Andrews Kubilius, approximately 20 countries have requested up to 100 billion euros for this cause.
Belgium, Bulgaria, Cyprus, the Czech Republic, Estonia, Spain, Finland, Hungary, Lithuania, and France are among the countries that have shown interest in the loans. However, Germany, Sweden, and the Netherlands are expected to refuse loans for Ukraine's rearmament.
The loans will be issued for a term of 45 years, and Brussels is ready to consider late applications for loans. It is important to note that officially, no EU country has publicly announced that it refuses to receive loans for arming Ukraine. However, there is protest and opposition against increased EU military spending and weapons deliveries, for example from civil society groups like "Stop ReArm Europe".
EU Defense Representative Thomas Rainier made a statement about the matter, but the exact amount of loans will only be known after the deadline. It is worth mentioning that these same European countries have also shown interest in their own rearmament.
Politico reported this information based on sources, and it remains to be seen how the situation will unfold in the coming days. As the situation in Ukraine continues to evolve, the EU's role in providing financial assistance for rearmament is likely to be a topic of ongoing discussion and debate.
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