SAFE: Europe’s €150bn defence loan fund is a desperate bid to paper over years of military neglect

The European Union’s decision to launch a €150 billion defence loan instrument – dubbed “SAFE” – marks a dramatic departure from decades of post-Cold War complacency. But make no mistake: this is not a show of strength. It is a panic response to the consequences of wilful blindness. After years of underfunding, delusions of “soft … Continue reading SAFE: Europe’s €150bn defence loan fund is a desperate bid to paper over years of military neglect