Creation of a European Defence Fund: 5,5 billion euro per year!June 8, 2017
Hat: Creation of a European Defence Fund: 5,5 billion euro per year!
Funding Scheme: 2017-06-08
Pgm2014 2020: Yes
Yesterday the Commission launched a European Defence Fund. Announced by President Juncker in September 2016, and backed by the European Council in December 2016, the Fund will coordinate, supplement and amplify national investments in defence research, in the development of prototypes and in the acquisition of defence equipment and technology.
An ambitious European Defence Fund will contribute to a European Union that protects and defends its citizens, complementing other ongoing work strands, namely the Global Strategy’s Implementation Plan on Security and Defence, which sets out a new level of ambition for the Union and identifies actions to fulfil it, as well as with the implementation of the EU-NATO Joint Declaration signed by the President of the European Council, the President of the Commission and the Secretary-General of NATO.
Url description: Salle de presse - Commission européenne