The government proposes to the European Union a common fund funding to “immediately increase” security costs

Minister of Economics, Trade and Commerce, Carlos bodyThis Saturday proposed a creation Financial tool Is common Union (EU) to strengthen security and safety.

This is expressed by the body within the structure of the European Union Finance Ministers (Ecofin) in Warsta, and the plan considers this project within the structure of the informal meeting Unstable solution Until security is fully integrated into the social budget.

“This project is not only intended to increase costs and not only Use those resources more efficiently Integrating the security requirements of the continent, ”the organization said in a statement that they were based on the white sheets of the European Commission and that other countries were based on plans to develop long -term multi -faceted methods of strengthening Europe’s security and security capabilities.

This way, the tool is affected that will be replaced by a Practical and fast Europe facing “for unprecedented security threats”.

Grants and loans

Entered the details and referred to as the tool Provides subsidies and loans Financing to large -scale European projects, while joint acquisition will compensate for capacity shortcomings, while research, technology and novelty will ensure the implementation.

In its design, it has deepened as a temporary special purpose vehicle Easy and fast Establish a short term to create a competitive European Security and Security Department.

Funds

Regarding the evidence of the financial assistance of the instrument, it has been exposed that it will be Is funded by contributions Open to members who do not belong to member states and the EU can complete each other with voluntary contributions.

On its side, additional funding must come from financial resources such as European credit, as well as the European stability mechanism. Accurately, the ministry has been argued that Medin is used Reducing the dependence of the states Members in market funding for security.

On the other hand, as a result of international sanctions can be used for over 200,000 million in Russian assets that are not immovable by the EU Protection support Ukraine.

“This is the moment of European unity to support the countries of the first line in Ukraine and the East side. We need Invest in securityThis is a true European public benefit, which benefits our citizens and strengthens our economic security, ”the body said.