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

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