https://www.taxtmi.com/news?id=36442 EU leaders authorised temporary loosen budget restrictions to enable willing Member States to increase defence spending and asked the Commission to pursue measures to facilitate significant national defence expenditure. The Commission proposed an urgent loan package to buy military equipment and encouraged joint funding and coordinated procurement, while allowing that additional defence outlays explicitly earmarked for security need not trigger punitive budgetary enforcement for Member States with tight fiscal positions. en-us Fri, 07 Mar 2025 02:16:03 +0530 Fri, 07 Mar 2025 02:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=36442 EU leaders authorised temporary loosen budget restrictions to enable willing Member States to increase defence spending and asked the Commission to pursue measures to facilitate significant national defence expenditure. The Commission proposed an urgent loan package to buy military equipment and encouraged joint funding and coordinated procurement, while allowing that additional defence outlays explicitly earmarked for security need not trigger punitive budgetary enforcement for Member States with tight fiscal positions. News - Fri, 07 Mar 2025 02:16:03 +0530 https://www.taxtmi.com/news?id=36442