German's finance minister rejects joint EU borrowing push

Luxembourg (AFP) April 11, 2024

Germany's finance minister on Thursday stood firm against new common EU borrowing amid calls for the bloc to club together as it did after the Covid pandemic to fund a defence overhaul. Faced with Russia's war on Ukraine, there have been growing calls for the 27-nation EU to pool its economic might to help revamp its defence industries. Proponents such as France and the Baltic States in