Over the weekend, Minister of Finance Arvils Ašeradens participated in the Eurogroup and the Economic and Financial Affairs Council (ECOFIN) meetings of the European Union, held in Warsaw, Poland. The meetings focused on strengthening European defense, economic development, financial market competitiveness, and current geopolitical challenges. One of the key topics at the ECOFIN meeting was the European Commission’s White Paper on the Future of European Defence, published in March of this year, along with the ReArm Europe plan. These include proposals to activate national escape clauses and establish a new EU instrument — SAFE (Security Action for Europe) — aimed at developing defense capabilities. These measures would allow EU member…