Europe must double its defense spending after Trump’s inauguration; Poland will produce explosives and ammunition. Europe will probably have to double its defense spending to address the challenge of Russia’s aggression against Ukraine, as well as a possible reduction in American support with Donald Trump... #DefenseIndustryEU #EUdefense #NATO #Poland #WarinUkraine #WeaponsProduction
The European Commission has approved €300M in financing for five defense projects. The European Commission approved funding for five defense projects, each of which will receive €60M. Most of the projects also include purchasing defense products for Ukraine, particularly air defense... #AirDefenseSystems #DefensePurchases #EDIRPA #EUdefense #EuropeanCommission
The war in Ukraine and the Trump presidency forces Brussels to funnel billions of euros to defense. Brussels is changing its spending policy to redirect tens of billions of euros to defense and security in response to Russia’s war in Ukraine and Donald Trump’s return to the White House. ... #CohesionFunds #DefenseIndustryEU #DefenseSpending #EUdefense #Germany
After Trump’s victory, Europe is preparing to ensure its security independently and will work with Washington to maintain support for Ukraine. The EU must be united and closely coordinate its actions with Donald Trump’s imminent return to the White House, French President Emmanuel Macron and German Chancellor Olaf Scholz said. They con... #DonaldTrump #EmmanuelMacron #EUdefense #G7 #OlafScholz #VictorOrban
The US increases its share of European defense startup venture capital by 200%, but Poland takes the lead in European security. Against the backdrop of surging global conflict, US investors provided more than 65% of venture capital investment in European defense technology in 2024, compared to 18% last year. According to Dealr... #DefenseInvestments #DefenseTechnology #EdwardLucas #EUdefense #NATO #Poland
Germany proposed the creation of a contact group for European post-war order after the Russian war in Ukraine ends. As reported by DW, Friedrich Merz, the candidate for German chancellor from the opposition bloc, suggested that Germany, Poland, France, and the UK form a contact group to establish Europe’s pos... #EUdefense #FriedrichMerz #Germany #RussianAggression #WarinUkraine
The EU is spending insufficiently on its defense as a whole, but Poland will allocate a record amount to this sector next year. The European Court of Auditors claims that the €1.5B budget planned by the EU for the development of the defense industry, as well as two years of other spending, is insufficient in the face of the ch... #DefenseSpending #EUdefense #NATO #Poland #WarinUkraine
Europe will increase its defense investment sharply in 2024 in response to Russian aggression. European venture capitalists plan to invest $1B in defense technology by the end of 2024, which is 400% more than in 2018, as a result of Russian aggression in Ukraine. According to Dealroom, venture ... #DefenseIndustry #DefenseInvestments #DefenseTechnology #EUdefense #NATO
The new composition of the European Commission demonstrates its firm support of Ukraine. The position of Defense Commissioner has been created in the EU and former Prime Minister of Lithuania Andrius Kubilius, an ardent supporter of Ukraine, is the first to hold it. “For those who c... #AndriusKubilius #EUdefense #EuropeanCommission #EuropeanParliament #SupportUkraine
Europe is strengthening its defense: Latvia will build a €12M ammunition factory, and Italy will buy hundreds of tanks and IFV for €20B. By 2026, Latvia plans to build a factory to produce modular powder charges for artillery ammunition with a capacity of 50,000 charges per year. Construction and equipment purchase costs will amount to... #DefenseIndustryEU #EUdefense #Italy #Latvia #Leonardo #LYNX #Rheinmetall #WeaponsProduction
The head of the EC admits that Putin wants to dominate the European continent, and the Russian war against Ukraine is also a war with the EU. The President of the European Commission, Ursula von der Leyen, said that Europe understands the threat from Russia, which is trying to establish its control over the European continent by any means. ... #DefenseIndustryEU #EUdefense #Putin #RussianAggression #UrsulavonderLeyen #WarinUkraine
Poland proposes to spend €422B from the EU’s Covid fund for defense. Polish Defense Minister Władysław Kosiniak-Kamysz said at the Defence24 Days conference, “You can’t get used to war.” He believes the arms industry should become the foundation of the EU’s efforts ove... #DefenseIndustryEU #DonaldTusk #EUdefense #RussianAggression #WarinUkraine #WładysławKosiniakKamysz
Western countries must spend $10T on defense to effectively deter dictatorial regimes. In 2024, defense spending by European NATO members will reach 2% of GDP ($470B) for the first time. However, to ensure effective defense and maintain its deterrence policy, NATO countries must increas... #DefenseBudgetNATO #EUdefense #G7 #MilitarySpending #NATO
What will the EU’s new defense and industrial strategy give Ukraine? Integration and support of the Ukrainian defense industry have become one of the goals of the European Defense Industrial Strategy (EDIS). As reported by the Ministry of Strategic Industries, the stra... #DefenseIndustryUkraine #DefenseTechnology #EDIP #EUdefense
The EU is preparing to transfer its economy to military rails. The EC will propose ways to intensify the work of the European defense industry to respond more effectively to Ukraine’s war needs and future security challenges. This refers to proposals that EU coun... #DefenseIndustryEU #EDIP #EUdefense #EUEconomy #EUUkraine
The EU’s new defense industry strategy envisages using Russian assets to finance Ukraine’s defense industry. The EC has presented a legislative proposal regarding the European Defense Industry Program (EDIP), which would allow for future financing of support for Ukraine’s defense-industrial complex at ... #DefenseIndustryEU #EDIP #EUdefense #Euroclear #RussianAssets
The EU plans to include Ukraine in the bloc’s defense industry support scheme with a separate budget of €1.5B. The EC plans to propose Ukraine’s membership in the EU defense industry support scheme. This will both incorporate Kyiv’s experience and bring Ukraine closer to EU membership. It is noted ... #DefenseIndustryUkraine #EDIP #EUdefense #EuropeanIntegration #WeaponsProduction
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
Money, defense office and framework conditions: What Ukraine and the European Commission agreed on in Kyiv. Prime Minister of Ukraine Denys Shmyhal and President of the European Commission Ursula von der Leyen met in Kyiv. They discussed issues of financing, Ukrainian exports, and cooperation in the defense... #DenysShmyhal #EUdefense #EuropeanIntegration #UrsulavonderLeyen
The EU proposes issuing €100B worth of Eurobonds to stimulate its defense industry. The EU should work on a plan to issue €100B worth of Eurobonds to promote the continent’s defense industry while doing more to provide arms to Ukraine, said Estonian Prime Minister Kaja Kallas. ... #EUdefense #Eurobond #KajaKallas #SupportUkraine
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
Here are the new details of the €20B EU military aid fund for Ukraine. This week, EU diplomats will begin consideration of a new plan to hasten the supply of military aid to Ukraine. The plan envisages the creation of a dedicated fund, to which €6.5B will be directed fro... #EUdefense #EuropeanPeaceFund #MilitaryAidforUkraine #SupportUkraine #WarinUkraine
The EU plans to control all arms supplies to Ukraine while simultaneously working to increase military aid. The European Union intends to strengthen control over the supply of weapons to Ukraine by creating a pan-European defense market. In particular, the European Commission is developing the European Defe... #EUdefense #EuropeanDefenseFund #MilitaryAidAudit #MilitaryAidforUkraine
The EU and NATO are mobilizing the defense industry to provide Ukraine with the means to defeat Russia. At the beginning of the war, the EU had to adapt its defense industry to wartime conditions. Europe will increase its military aid to Ukraine to 480,000 shells by the end of the year, and next year it... #DavidCameron #DefenseIndustryEU #EUdefense #MilitaryAidforUkraine #UrsulavonderLeyen #WeaponsforUkraine
Europe is investing in the defense industry to increase production. The European Commission has announced an increase in its assistance to the European defense industry with the approval of a program provided for by the Act in Support of Ammunition Production (ASAP) f... #AmmunitionFactory #ASAP #EUdefense #ThierryBreton #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 European Commission will present the EU defense industry’s strategy; Germany and Denmark are increasing ammunition production for Ukraine. The European Commission will propose a strategy for the EU’s defense industry in the coming weeks, European Commission President Ursula von der Leyen said before the start of an informal meeting... #AmmunitionForUkraine #EUdefense #GranadaSummit #Rheinmetall #UrsulavonderLeyen #WeaponsforUkraine
The EU will conduct joint defense purchases and include Ukraine. On Tuesday, MEPs supported a decision to strengthen the European defense industry through general procurement (EDIRPA). The new regulation establishes a temporary instrument that will be valid until D... #EDIRPA #EUdefense #EUparliament #UkraineDefensePurchases
