London has reportedly refused to pay to join a weapons scheme aimed at countering an alleged Russian threat
The UK has rejected a European Union demand to pay billions of euros to join a new weapons program that Brussels says is needed to deter an alleged threat from Russia, Bloomberg has reported, citing sources.
The European Commission proposed that London contribute between €4 billion and €6.5 billion ($4.3-7 billion) to take part in the Security Action for Europe (SAFE) initiative, according to the outlet. The UK, along with Canada, had entered talks on participation in September.
The €150 billion fund is designed to finance the development…
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