Macron proposes source of funding for EU and Ukrainian defense

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French President Emmanuel Macron has endorsed the issuance of joint European bonds to finance priority tasks, including defense and technology, aiming to ensure the preservation of Europe’s sovereignty amid increasing competition from China and the United States, citing Bloomberg. “We need more public investment in Europe, so we should open a second phase of reinvestment as we did during the Covid crisis, and maybe daring again to have Eurobonds for prioritie,” Macron said during his address at the World Economic Forum in Davos. As examples of such priorities, he mentioned Estonia’s proposals …

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