EU ambassadors approved a €150 billion loan instrument to enhance defense production, requiring a 65% European preference for weapon systems. The initiative aims to strengthen the EU's defense capabilities amid concerns over reliance on US military support, particularly in light of the war in Ukraine. Member states will have to collaborate on projects to qualify for funding, and the loans will be backed by the EU budget, offering long-term financial benefits. Teljes cikk (Euronews.com)