Andrius Kubilius, the first person nominated to be a European commissioner for defence, said on Tuesday all options need to be considered to finance new defence investment. Defence bonds are among the “theoretical possibilities” the European Union should consider, as well as unspent funds from the bloc’s Covid-19 relief fund, Kubilius said in the French city of Strasbourg. He stressed that the EU cannot afford to wait for future budget negotiations in 2028 to start overhauling how much the bloc spends on defence. “We do not have such luxury,” he said. European Commission President Ursula von d…