The European Union is considering issuing conscience bonds to finance defense needs as Russia poses a threat to the bloc’s security, according to the High Representative of the EU for Foreign Affairs and Security Policy, Josep Borrell. Borrell said that debates have recently begun on a joint loan by the EU to cope with the serious efforts needed to invest in defense potential and the defense industry. “We did it already successfully to deal with the consequences of the COVID-19 pandemic, I do not see why we should not do it when Russia threatens our very security and we urgently need to boost …