US EditionEuropean Companies Are Jumping on the Defense Bandwagon as EU Plans Security Splurge
EUROPE, JUL 17 – European defense firms benefit from EU and NATO spending hikes with startup funding rising 24% to €4.55 billion in 2024, reflecting a continental surge in military technology demand.
Summary by CNBC
7 Articles
7 Articles
European companies are under heavy pressure: bankruptcies have increased by 10%, while 6.7% of companies are facing maximum pressure in 2024, according to a study by the BCG. In France, bankruptcies have exploded by 19%, although national indicators are slightly better than last year.
Bank Gospodarstwa Krajowego is preparing to manage the Security and Defense Fund. PLN 25 billion will be available for use. A significant portion of the funds may be allocated to financing activities at the local government level, announced BGK President Mirosław Czekaj.
Coverage Details
Total News Sources7
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
To view factuality data please Upgrade to Premium
