This will contribute to both the
ability of the EU
The German presidency of the Council today reached a
provisional political agreement with European Parliament’s representatives on a regulation establishing the
European Defence Fund (EDF) in the context of the Multiannual Financial Framework (MFF) for 2021-2027.
I am pleased to announce that we agreed on a solid, forward-looking instrument that will step up the research and development of joint capabilities in the area of security and defence. The new European Defence Fund will enhance the EU s ability to protect its citizens and make the EU a stronger global actor.
15 Dec 2020 | News
EU set to launch €7.9B defence R&D programme after Council and Parliament agree budget
The money will make the EU third biggest investor in defence research in Europe and give it firepower to reduce the longstanding reliance on US military technology
MEPs and the German presidency of the EU Council reached agreement on a new defence R&D programme worth €7.9 billion on Monday, giving the EU more firepower to reduce a longstanding reliance on US military technology.
As of next year, the fund will place the EU among the top three defence research and technology investors in Europe, with the European Commission starting implementation of the programme in January 2021.
This will contribute to both the
ability of the EU
The German presidency of the Council today reached a
provisional political agreement with European Parliament’s representatives on a regulation establishing the
European Defence Fund (EDF) in the context of the Multiannual Financial Framework (MFF) for 2021-2027.
I am pleased to announce that we agreed on a solid, forward-looking instrument that will step up the research and development of joint capabilities in the area of security and defence. The new European Defence Fund will enhance the EU s ability to protect its citizens and make the EU a stronger global actor.