EU investment bank to invest into defence gear in major policy overhaul

EU investment bank to invest into defence gear in major policy overhaul

A total of 14 projects are expected to be approved for financing in the next few months.

The European Investment Bank (EIB) has approved a series of measures to increase investment in the field of security and defense, and the EIB Board of Directors has also approved a total of 8.9 billion euros to finance several projects.

Pitfalls to avoid as the EU ramps up defence investment

European Union security requires both investment in defence and decisive steps in innovation and research

The European Investment Bank, a financial arm of the EU, has, despite its size, operated a rapid pivot to reorient some of its forces in the European defence effort.