Connect with us

Defence

EU budget set for defence-related boost under new regulation

SHARE:

Published

3 weeks ago

on

We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. You can unsubscribe at any time.

New targeted amendments to existing EU funding programmes will support faster, more flexible and coordinated investments in Europe's defence technological and industrial base (EDTIB).

Under a new Regulation to stimulate defence-related investments within the EU budget proposed today by the Commission, the EU will strengthen its defence Readiness 2030 and to implement the ReArm Europe plan. The proposed changes will enhance the ability of the EU and Member States to develop, scale up and innovate in key defence capabilities, while streamlining access to EU funds for defence-related projects.

This package of proposed amendments will complement the Omnibus Defence Simplification Package, expected to be presented by the Commission in June 2025. That package will further streamline EU regulations and processes to enable faster and more efficient defence investment and cooperation across Member States.

This initiative aligns with the objectives of the joint White Paper for European Defence - Readiness 2030. It sets a clear pathway for the EU to support the development of the defence capabilities needed to protect its citizens, safeguard its values, and respond to a rapidly changing geopolitical environment.

More information is available in the press release.

Share this article:

Related Topics:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
Advertisement

Trending