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.
Sources
UE creşte la 100 de miliarde de euro plafonul pentru BEI – Reuters
UE majorează la 100 de miliarde de euro plafonul pentru BEI
Reuters: UE majorează la 100 de miliarde de euro plafonul pentru BEI
Reuters: UE majorează la 100 de miliarde de euro plafonul pentru BEI
Uniunea Europeană triplează finanțarea pentru industria apărării
UE majorează la 100 de miliarde de euro plafonul pentru Banca Europeană de Investiții (Reuters)
Latest News
20:10
Peter Magyar announces exceptional measures in Hungary for managing the energy crisis caused by the drop in the level of the Danube.
19:25
The first leader from PNL to react after the Fitch report: The measures are going in the right direction.
19:05
The United States embassies in the Middle East are issuing security alerts and recommending that American citizens leave the region.
19:00
A serious accident occurred on DN 1, Cluj County, involving a motorcycle and a truck.
18:50
The wildfire in Reșița has reignited, and additional forces have been mobilized to extinguish it, including a helicopter.
See more news