EU backs plan for Defence, Security and Resilience Bank to bolster military supply chains
2 Articles
2 Articles
EU backs plan for Defence, Security and Resilience Bank to bolster military supply chains
The European Parliament has approved a ‘White Paper on the Future of European Defence’ that calls for financial tools – including a dedicated Defence, Security and Resilience Bank (DSRB) – to fortify the EU’s security posture. The announcement signals a major shift in how Europe plans to finance its defence needs. The paper is responding to a convergence of crises: Russia’s war on Ukraine has upended the post-WWII European peace order, the US i…
Why a multilateral defence and security bank? - British Foreign Policy Group
In the few weeks since President Trump upended United States’ policy on Ukraine, European nations including the UK have been forced to reassess at speed the foundations of their own security. Two strategic imperatives – to persuade the United States to remain engaged in Europe, while preparing for the eventuality that it doesn’t – both point firmly towards the need to fund substantial new defence security and resilience capabilities quickly, in …
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