EU INFIGHTING: Germany ALREADY at odds with France and Italy over army project
THE CREATION of an EU-wide army, combining forces from 27 member states, is already causing confrontation between those most keen to create it.
By ZOIE O’BRIEN
Express.co.uk
Mon, Mar 6, 2017
Germany has rubbished proposals by Italy to use bonds to shell out $5bn (£4.32bn) for an EU defence research fund.
The idea to finance any military project in such a way would be “unviable” according to Germany, Handelsblatt newspaper reported.
A government paper reportedly insisted the move would “violate the basic principles of good budget practices and therefore is not a viable option for financing European defence efforts”.
In the same document Germany reportedly argued it would be unacceptable to view national contributions to the fund as one-time measures to obtain exemptions from European stability and growth requirements.
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