Member states are seeking to use the structure to bypass legal constraints on military spending, Izvestia reports
A group of NATO countries is working to set up a new bank by 2027 to help fund military spending and prepare for a potential conflict with Russia, Izvestia reports, citing sources.
Western officials and media outlets have speculated that Russia could be in a position to attack NATO within several years, with the bloc’s chief, Mark Rutte, designating the country as an “enemy.” Moscow has dismissed claims that it plans to attack NATO states as “nonsense.”
Amid the stand-off over Ukraine, European NATO members have embarked on a…
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