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.
REARM Europe, the Myth of a European Defence for Peace, 7 May at 5.30pm
18 April 2025
As an organisation, grassroots movement or activist fighting for a better world, are you concerned about the exponential rise in military spending and its negative impact on your area of work? So are we! The European Network Against Arms Trade invites you to an online event as part of the Global Days Against Military Spending (GDAMS 2025) to learn about the latest developments, discuss how the European military spending and rearmament plan will exacerbate the global arms race and fuel conflicts, and how civil society can mobilise against European militarisation. The event will start with short presentations by