NBB #2023-07: EU Defence Industry Strategy and EIB top race

 

The latest ENAAT Newsletter is available here: ENAAT NBB 2023-07_09.10.2023

The main news are the announcement of an EU Defence Industry Strategy instead of Programme and Production Act, and how the EIB top race could pave the way to the European bank investing in weapons

Summary

EU funding for the arms industry
– A European Defence Industry Strategy (EDIS) instead of Programme or Production Act
– EDIRPA formally adopted with overwhelming majority
– Defence Fund to focus on conventional warfare in Europe and less projects?
– 2024 and MFF revision: the budgetary war is on
– EP draft report on CSDP calls for more funding
– ‘Replenishing EU defence stockpiles’: SEDE hearing and study
– EIB top race an “opportunity” to start funding weaponry?
– UK to take part in Horizon & Copernicus projects, a first step to defence research?

other aspects of European militarisation
– European Political Community and informal EU heads of state meetings
– Military spending as “relevant factor” for deficit beyond EU limits?
– Mixed pattern of citizens’ opinion on arms deliveries to Ukraine

EU Peace Facility & related news
– Peace Facility: EU auditors opinion, Armenia
– Ukraine: from support to “opportunities”
– EU mission to Gulf of Guinea expanded to Togo and Ivory Coast

more news

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Who profits from EU subsidies for the arms industry and where they export: read our fact-sheet

8 June 2026

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09/06 at 6pm: “Breaking the consensus on EU funding for rearmamament” online conference

21 May 2026

ENAAT, GDAMS & StopReArmEurope invite you to an Interactive Online Conference***A militarised garden: Breaking the consensus on EU funding for rearmament * June 9 2026 at 18:00 CEST The session will begin from a practical observation: Members of the European Parliament (MEPs) who challenge the current policy direction -particularly the rapid growth in certain spending priorities- represent a small minority, which limits their influence. Against this backdrop, the discussion will move beyond simple opposition and instead focus on more constructive and strategic exchange, structures around two main pillars:1) Understanding the MEPs’ perspective:Why do many MEPs feel that there

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