The EU will make its first contribution to a dedicated defense fund and help to develop the defense industry together with Ukraine. The EU will invest the first €40M into a dedicated European defense fund, seeking to strengthen its military capabilities. The European Investment Fund (EIF), which provides financing to small and med... #DefenseIndustryUkraine #DefenseInvestments #DefensePurchases #EIF #EuropeanDefenseFund #SAFE
The EU has approved a €150B rearmament fund aimed at enhancing support for Ukraine. As reported by Reuters, the EU nations have come to a preliminary agreement on establishing a new credit mechanism for rearmament purposes entitled the Security Action For Europe (SAFE), which is valu... #DefensePurchases #EUdefense #MilitarySpending #SAFE
A new €150B EU security loan program presents significant opportunities for the Ukrainian defense industry. According to Andrius Kubilius, the European Commissioner for Defense, this new EU loan program, part of the SAFE (Security Action for Europe) initiative, allows member states to utilize €150B in loans... #AndriusKubilius #DefenseIndustry #DefenseInvestments #SAFE #UrsulavonderLeyen #WeaponsProduction
The EC presents a White Paper for defense; Ukraine will receive two million rounds of ammunition per year. The European Commission and the EU High Representative have introduced the White Paper on European Defense – Readiness 2030. As part of the ReArm Europe plan, an ambitious defense package has al... #AmmunitionForUkraine #DefenseInvestments #EUdefense #KajaKallas #ReArmEurope #SAFE #UrsulavonderLeyen #WhitePaper
