EU Considers Relaxing Fiscal Rules for Defence Spending Boost

The European Union is open to easing its fiscal rules in order to increase defence spending, according to reports. This move could help address concerns about the bloc’s military capabilities and modernise its armed forces. However, any changes to the fiscal framework would need to be carefully considered and agreed upon by EU member states.

Source: https://www.ft.com/content/0a70537d-2756-4243-8c97-a279c6cb227a