Poland May Seek EU Leeway On Defence Spending, Others Hesitant

In order to encourage European Union governments to spend more on defence, the European Commission proposed in March up to EUR 150 billion on EU loans for joint procurement projects (known as SAFE, Security Action for Europe). The Commission also proposed activating the so-called “national escape clause” (NEC), a deviation from EU tax rules, which can be considered as legal coverage to access SAFE without being sanctioned for failing to comply w…

Poland May Seek EU Leeway On Defence Spending, Others Hesitant

The European Commission proposed in March to allow each EU country to raise annual defence spending by 1.5% of GDP for four years. The post Poland May Seek EU Leeway On Defence Spending, Others Hesitant appeared first on StratNews Global.

Mediafax Poland plans to ask the European Union for room to maneuver to spend more money on defense, without violating the budget limits imposed by the Union. The country wants to maintain its high spending in this area, amid security risks in the region. Polish Finance Minister Andrzej Domanski said on Thursday that Poland could make the request as early as next week, Reuters reports. “We are seriously considering applying for the national exem…