For the first time in the history of the European Union, 24 member states jointly granted a [[war]] loan in late 2025 to a country outside the EU. This was not a technical detail but a qualitative shift. The logic of a loan is clear: whoever lends money wants it back. In this case, repayment was not tied to economic growth or stabilization, but to [[military]] victory. For the [[money]] to ever be recovered, [[Russia]] would have to be defeated. A war loan inevitably makes its financiers interested in the continuation and [[escalation]] of conflict, because defeat would mean a [[financial]] loss. | For the first time in the history of the European Union, 24 member states jointly granted a [[war]] loan in late 2025 to a country outside the EU. This was not a technical detail but a qualitative shift. The logic of a loan is clear: whoever lends money wants it back. In this case, repayment was not tied to economic growth or stabilization, but to [[military]] victory. For the [[money]] to ever be recovered, [[Russia]] would have to be defeated. A war loan inevitably makes its financiers interested in the continuation and [[escalation]] of conflict, because defeat would mean a [[financial]] loss. |