Mon. Jun 24th, 2024

Poland plans to receive a European loan for the construction of the “iron dome”

Natasha Kumar By Natasha Kumar May19,2024

Poland plans to get a European loan for the construction of the

Poland plans to receive from the European Investment Bank half a billion zlotys (about 130 million dollars) of credit for the construction of the European “iron dome”, in particular, its satellite component.

This was announced by Polish Prime Minister Donald Tusk in Krakow on Saturday, Ukrinform correspondent reports.

The head of the Polish government noted that Poland intends to build a European “iron dome” with other EU countries. to guarantee a safe sky for the country. According to him, it is known from the experience of Ukraine and Israel that one country will not be able to cope with guaranteeing the safety of the airspace. Therefore, an “iron dome” over an entire region and continent. According to Tusk, Warsaw has decided to build an appropriate satellite component within this program.

“On Monday, I will negotiate with the European Investment Bank to complete the financing process for this satellite component, and we will receive a loan of half a billion zlotys, which will increase our security,” Tusk said.

The Prime Minister of Poland expressed hope that on Monday he will inform about the successful completion of the loan process.

As reported by Ukrinform, recently Tusk announced the intention of the Polish government to join the European Sky Shield project.

The “European Sky Shield” initiative — this is a project to build a ground-based integrated European anti-missile defense system, which includes means of combating ballistic missiles. As of January 2024, nineteen European states are participating in the initiative.

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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