Ireland will put hundreds of billions into anything before fixing its own housing problem
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> The Government believes becoming a member will allow Ireland to secure military equipment at a lower cost and faster pace – in some cases up to two years earlier than under existing procurement arrangements.
> The Safe initiative also makes €150 billion available to member states, in the form of low-interest, long-term loans, to rapidly increase defence spending amid doubts over the United States’s future commitment to European security.
Seems like it’s mostly just a mechanism for obtaining finance for defence spending. It makes sense for us to be part of it since we’re probably going to need to make some large purchases in the coming years, and closer cooperation with our European allies is always a good thing.
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Ireland will put hundreds of billions into anything before fixing its own housing problem
> The Government believes becoming a member will allow Ireland to secure military equipment at a lower cost and faster pace – in some cases up to two years earlier than under existing procurement arrangements.
> The Safe initiative also makes €150 billion available to member states, in the form of low-interest, long-term loans, to rapidly increase defence spending amid doubts over the United States’s future commitment to European security.
Seems like it’s mostly just a mechanism for obtaining finance for defence spending. It makes sense for us to be part of it since we’re probably going to need to make some large purchases in the coming years, and closer cooperation with our European allies is always a good thing.
Sensible decision.