{"id":445029,"date":"2026-02-25T15:45:07","date_gmt":"2026-02-25T15:45:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/445029\/"},"modified":"2026-02-25T15:45:07","modified_gmt":"2026-02-25T15:45:07","slug":"uk-exclusion-from-eu-defense-loan-self-defeating-politico","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/445029\/","title":{"rendered":"UK exclusion from EU defense loan \u2018self-defeating\u2019 \u2013 POLITICO"},"content":{"rendered":"<p>Without an agreement, the U.K. can still take part in joint procurement projects in which a maximum of 35 percent of the value of a weapons system is paid for by the scheme.<\/p>\n<p>The U.K. had been negotiating for a higher percentage, which would benefit the country\u2019s large arms industry.<\/p>\n<p>The armed forces minister predicted: &#8220;You&#8217;re going to see more work on that. I think you&#8217;re going to see far greater collaborations.&#8221; <\/p>\n<p>Keir Starmer <a href=\"https:\/\/www.politico.eu\/article\/keir-starmer-uk-must-get-closer-eu-to-build-european-nato\/\" rel=\"nofollow noopener\" target=\"_blank\">talked up his desire<\/a> for deeper EU-U.K. collaboration on defense financing at the Munich Security Conference, as did Chancellor Rachel Reeves in a recent speech.<\/p>\n<p>However, it is not yet clear what form this will take. The Commission has not so far indicated it is moving toward a second round of the SAFE initiative, while the U.K. Treasury remains downbeat about the prospect of joining a global defense bank.<\/p>\n<p>London is <a href=\"https:\/\/www.politico.eu\/article\/britain-courts-france-stay-made-in-europe-club\/\" rel=\"nofollow noopener\" target=\"_blank\">currently lobbying Brussels<\/a> over new EU procurement rules which could impact British manufacturers, although it is not yet known if the &#8220;Made in Europe&#8221; plan will include the defense sector.<\/p>\n<p>Caroline Hug contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Without an agreement, the U.K. can still take part in joint procurement projects in which a maximum of&hellip;\n","protected":false},"author":2,"featured_media":445030,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[894,161654,140,87218,59,57,58,555,420,6235,28723,50,11840,1445,1351,56,54,55,162],"class_list":["post-445029","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-banks","tag-caroline-hug","tag-defense","tag-european-defense","tag-gb","tag-great-britain","tag-greatbritain","tag-industry","tag-keir-starmer","tag-lobbying","tag-munich-security-conference","tag-news","tag-procurement","tag-rachel-reeves","tag-security","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-weapons"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/445029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=445029"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/445029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/445030"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=445029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=445029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=445029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}