https://sputnikglobe.com/20240319/2-billion-fund-to-enhance-eu-defense-1117425715.html
€2 Billion Fund to Enhance EU Defense
€2 Billion Fund to Enhance EU Defense
Sputnik International
The European Commission is allocating nearly €2 billion (about $2.2 billion) to strengthen the EU's defense industry readiness.
2024-03-19T14:08+0000
2024-03-19T14:08+0000
2024-03-19T14:08+0000
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The funds are intended to increase ammunition production and facilitate joint procurement among member states.That aims to enhance defense capabilities and promote collaboration in research, development, and certification within the sector.Check Sputnik's infographics to find out more:
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eu defense budget, more money for militarization, european commission, european union
eu defense budget, more money for militarization, european commission, european union
€2 Billion Fund to Enhance EU Defense
The European Commission is allocating nearly €2 billion (about $2.2 billion) to strengthen the EU's defense industry readiness.
The funds are intended to increase ammunition production and facilitate joint procurement among member states.
That aims to enhance defense capabilities and promote collaboration in research, development, and certification within the sector.
Check Sputnik's infographics to find out more: