Politics9/26/2025Bloomberg

Greek Premier Says Momentum Behind EU Joint Debt for Defense

Greek Premier Says Momentum Behind EU Joint Debt for Defense

Greek Prime Minister Kyriakos Mitsotakis has stated that there is growing momentum among European Union member states to issue joint debt to support increased defense spending within the bloc. This comes amid ongoing security concerns and the need for stronger military capabilities across the EU. While the details of such a joint debt initiative are still being discussed, the Greek leader's remarks suggest a potential shift towards greater European defense integration and burden-sharing. The proposed measure could provide the necessary financial resources for EU members to enhance their military forces and bolster the continent's collective security. However, the implementation of such a plan would likely require complex negotiations and compromise among the diverse member states. Overall, the Greek premier's comments indicate a recognition of the urgency to strengthen the EU's defense posture and a willingness to explore innovative financing solutions to achieve this goal.

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