Talks for UK to join EU defence fund collapse in blow to Starmer’s bid to reset relations
UK had been pushing to join €150bn Safe fund, a loan scheme that is part of bloc’s drive to rearm EuropeKeir Starmer’s bid to reset relations with the EU suffered...
By Alexandra Topping · The Guardian World
UK had been pushing to join €150bn Safe fund, a loan scheme that is part of bloc’s drive to rearm Europe Keir Starmer’s bid to reset relations with the EU suffered a major blow on Friday, after negotiations for the UK to join the EU’s flagship €150bn (£131bn) defence fund collapsed. The UK had been pushing to join the EU’s Security Action for Europe (Safe) fund, a low-interest loan scheme that is part of the EU’s drive to boost defence spending by €800bn and rearm the continent, in response to the growing threat from Russia and cooling relations between Donald Trump’s US and the EU. Continue reading...