The European Investment Bank (EIB) will increase funding for defense projects from 3.5 billion euros in 2025 to 4.5 billion euros in 2026, according to EIB President Nadia Calvino. This increase is based on already existing projects and will focus on military mobility, critical infrastructures, the eastern border, and anti-drone systems. The EIB will assess funding needs annually, having a total estimated lending budget of 100 billion euros for 2026, a large part of which will be directed towards combating climate change.
In addition, the EIB will continue to support the innovative technology sector in the EU through a 70 billion euro program aimed at companies facing difficulties in accessing capital. This program has already generated nine "unicorn" companies, and the EIB intends to expand the European Tech Champions initiative to attract even more funds and support innovation in Europe.
In addition, the EIB will continue to support the innovative technology sector in the EU through a 70 billion euro program aimed at companies facing difficulties in accessing capital. This program has already generated nine "unicorn" companies, and the EIB intends to expand the European Tech Champions initiative to attract even more funds and support innovation in Europe.
Sources
Latest News
11:11
Donald Trump declared a national state of emergency to protect the electrical grid of the USA
11:05
Balkanik Festival returns to Lake Tei: Three days of music from Armenia, France, Turkey, Poland, Serbia, and the Arab world
11:03
Maia Sandu, message on Independence Day: "I thank you for being free, because as long as you are free, the Republic of Moldova will be free."
10:45
The High Court of Cassation and Justice has admitted the appeal of ROMATSA, announcing that the suspension of the institution's license, decided by the Bucharest Court of Appeal, is annulled.
10:42
The "mastermind" of the September 11, 2001 attacks will be tried in 2028 by a military tribunal. He has been held at Guantanamo since 2006.
See more news