The European Investment Bank will increase funding for defense projects to 4.5 billion euros by 2026, focusing on military mobility and critical infrastructure.
Radu Burcă
Economy
Foto: pixabay.com
Always see our news on Google
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
08:20
Traian Băsescu, about how the money from the PNRR was used: "When 30 billion is put on the table, to use it for your economy, and at the end of the five years, your economic growth is zero, what more can we say?"
08:05
Hormuz Strait: A ship was hit by an unknown projectile, causing a fire on board, which has been extinguished. The crew is unharmed.
08:02
Traian Băsescu, about General Pahonțu: "It's time for him to come alongside me, look, in Cișmigiu, we can play chess together or backgammon. It's time for him to switch to retirement mode."
07:47
A new RO-ALERT message was sent on Thursday morning for Tulcea County / It is the third in recent hours
07:35
Government meeting: The Executive approves on Thursday the budget for the privatization activities of the Ministry of Economy.
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
