Ukraine presents defense industry projects for financing within the framework of the €150B EU initiative. These are initiatives to produce drones, ammunition, and missiles, which can be financed within the framework of the SAFE (Security Action for Europe) loan program that has a €150B budget. Ukrainian p... #DefenseIndustryEU #DefenseProjects #SAFE #WeaponsProduction
The EU will boost defense industry funding by 250%. The EU will increase the European Investment Bank’s annual lending limit to €100 billion this year. This new limit exceeds last year’s bank lending by more than €10B and is €5B higher than... #DefenseIndustryEU #DefenseProjects #EIB #EUdefense
The EU presents a new defense strategy project: A plan to carry out up to 50% of defense purchases within the bloc. The EU plans to minimize purchases of military goods from outside the EU by 2035 to ensure that 30% to 50% of the EU defense market’s trade is conducted within the Union. Mechanisms will also be devel... #DefenseProjects #DefenseTechnology #EUdefense #WeaponsProduction
Ukraine will help the EU develop a strategy for the European defense-industrial complex. The President of the European Commission, Ursula von der Leyen, reminded listeners that the EU countries have collectively transferred over €28B in military aid to Ukraine and helped train more than 4... #DefenseIndustryUkraine #DefenseProjects #EUdefense #UrsulavonderLeyen #WeaponsProduction
The EU approves tools for stimulating joint defense orders. The Council of the EU has decided to implement an instrument for boosting the European defense industry, EDIRPA, which will encourage joint defense procurement and increase the capabilities of defense... #DefenseIndustryEU #DefenseProjects #EDIRPA #EUdefense
The Ukrainian Government allocates almost $3M in grants for defense projects. The Innovation Development Fund of Ukraine will allocate UAH 109M ($2.97M) to security and defense projects. “While the Russian aggression continues, one of the key activities of the Innovation Develo... #DefenseProjects #DenysShmyhal
