THE HAGUE – In addition to increased subsidies, the European Union is exploring the creation of a loan facility for Caribbean territories, including Curaçao, as part of its broader financial strategy.
Details of the facility are still under development, and conditions have not yet been finalized. However, the Dutch government expects that Curaçao and other territories may continue to rely primarily on loans provided through the Netherlands, which are often more favorable.
The potential introduction of EU loans reflects a shift toward diversified financing tools, combining grants with lending options to support long-term development.
The move could offer additional financial flexibility, but also raises questions about debt sustainability and the long-term financial position of Caribbean territories.