On Tuesday 23 March, 2017, the 28 Finance Ministers of the EU will meet first as Governors of the European Investment Bank and then as EU Council for Economic and Financial Affairs. While the Greek situation seem to focus all attention, 29 signatories from ENAAT and the ethical finance sector want to alert on the proposals of the EU Defence Action Plan to use the EU Fund for Strategic Investments (EFSI, better known as the Juncker Plan) and the European Investment Bank (EIB) to increase further public funding for the arms industry. But this move would require the agreement of the 28 Member States to modify the EIB rules. We call them to maintain the exclusive civilian mandate of the EIB and EFSI. The arms & security industry largely benefits already from EU and national public money while having a negative impact on peace worldwide.
NBB 2026-1: Quiz, which of the EU institutions is the most arms-industry friendly?
22 January 2026
From EP’s early Christmas gifts to EC outbids to counter EDA’s revival, one wonders which of the EU institutions is the most arms industry-friendly…Read our latest newsletter here: NBB 2026-1, 16/01/26 SUMMARY ENAAT news > “Europe’s Hidden Hands: Funding and Arming the Genocide in Gaza” (Webinar series 26/01 & 02/02) > Stop Wapenhandel Blog: Weakening arms transfers rules in the name of ‘security’ and ‘competitiveness’ > Increasing concerns about civil society watchdog role at EU level > Citizens’ initiative asking the EC to suspend the EU-Israel association agreement EU support for the arms industry > EDIP & SAFE: