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186 new news items in the last 24 hours
20 June 11:20

The EIB has set a new annual spending ceiling of €100 billion, tripling funding for the EU defense industry.

Delia Niculescu
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International
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At the EIB Board meeting, an annual spending ceiling of €100 billion was approved, exceeding the €10 billion previously borrowed. The decision, which will be formalized by EU finance ministers, allows for a tripling of financing for the defence industry, although the EIB cannot invest directly in arms. The increased lending capacity will also support other areas such as technological innovation and renewable energy, amid external pressures on defense spending.

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Economica
UE creşte la 100 de miliarde de euro plafonul pentru BEI – Reuters
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Profit.ro
UE majorează la 100 de miliarde de euro plafonul pentru BEI
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Financial Intelligence
Reuters: UE majorează la 100 de miliarde de euro plafonul pentru BEI
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Agerpres
Reuters: UE majorează la 100 de miliarde de euro plafonul pentru BEI
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Stiripesurse
Uniunea Europeană triplează finanțarea pentru industria apărării
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Digi24
UE majorează la 100 de miliarde de euro plafonul pentru Banca Europeană de Investiții (Reuters)

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International
Germany is renewing its army with a plan of 377 billion euros, aiming to transform the Bundeswehr into the strongest army in Europe.
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The EU reveals major plans for the defense of Europe, amid fears fueled by Russia's invasion of Ukraine.
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International
The Council of the European Union has finalized the political agreement for the EDIP program, strengthening the security of the continent through funding criteria and openness to non-European suppliers.
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International
Politico: The EU will be "ready" for war with Russia by 2030
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International
The European Union plans a "loan for repairs" for Ukraine, using frozen Russian assets, but the legality of the initiative needs to be assessed.
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Current Affairs
The Minister of Defense announced in Brussels the use of SAFE funds for military acquisitions and infrastructure development, improving connections with Ukraine and the Republic of Moldova.
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European Investment Bank costs Financing defense industry

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