CDA reverses stance, backs European debt for defense investment
The Christian Democratic Appeal (CDA) party has changed its position on European joint debt, agreeing to the possibility of using it to finance significant defense investments.
This marks a shift from their previous strong opposition to so-called "eurobonds." The announcement came from CDA leader Henri Bontenbal during an appearance on the Dutch talk show Dit is Tijs, which aired Saturday evening at 10:10 p.m.
For years, the CDA had firmly opposed the idea of shared European debt. However, Bontenbal explained that the urgency of the current situation had prompted a reconsideration. “My stance is still that it is not the best instrument to take on joint debt,” Bontenbal stated.
He also emphasized his preference for European countries to invest individually in defense, in line with the NATO standards. “But I find the urgency at this moment so great that we should not be a blocking country on this issue,” he added.
The shift in the CDA's position comes amidst growing concerns over European defense investments, particularly in light of recent events. The discussion gained momentum after U.S. President Donald Trump suspended military aid to Ukraine, which led to increased pressure on European nations to take more responsibility for their own defense capabilities.
Reporting by ANP
