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Denmark and Finland reject more common EU debt

The two countries back joint borrowing to boost defence spending, but oppose it for other purposes
Danish Prime Minister Mette Frederiksen: ‘For me the number one priority is re-arming Europe’

Denmark and Finland are opposing plans for the EU to issue joint debt for purposes beyond defence, weakening Brussels’ plans for more common issuance to respond to crises.

Danish premier Mette Frederiksen said on Tuesday in Strasbourg: “We are now being more flexible and pragmatic in the discussions about the next budget. But for me it’s linked with the re-arming of Europe and not any other questions.”

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