Dutch Parliament Pushes Back on EU Defense Financing Plans

A narrow majority in the Dutch parliament has urged against joining the EU's proposed plans to boost European defense through relaxed fiscal rules and joint borrowing. Despite the Dutch Prime Minister's support, three coalition parties backed opposition to the financing arrangements, leaving the government's response uncertain.

A narrow majority in the Dutch parliament on Tuesday advised against joining the EU's new defense plans, which propose laxer fiscal rules and joint borrowing.

Despite support from major European leaders, including Dutch Prime Minister Dick Schoof, for fiscal flexibility and joint borrowing of up to 150 billion euros, three coalition parties resisted.

The non-binding motion indicates a split in the Dutch government, while the European Commission continues to finalize the plans, potentially overruling individual national objections.

(With inputs from agencies.)