European Peace Facility: Council agrees €2 billion increase of the financial ceiling in 2023
The Council of the European Union reached a political agreement with a view to ensuring the financial sustainability of the European Peace Facility (EPF).
The Council of the European Union reached a political agreement with a view to ensuring the financial sustainability of the European Peace Facility (EPF).
“We must primarily prepare for the most difficult and most dangerous scenario: that is the large-scale war against an advanced adversary”, Major General Karel Rehka, Chief of Defence, Czech Republic, told the European Defence Agency (EDA) annual conference.
In 2021, total European defence spending stood at a new high of €214 billion, marking a further 6% increase on 2020 and the seventh year of consecutive growth.
The EU and the Kingdom of Norway signed an administrative agreement for a voluntary financial contribution of Norway to the European Union Military Assistance Mission in support of Ukraine.
European Commission has approved an investment of around €1.2 billion in collaborative defence research and development with the adoption of the first ever award decision on 61 projects supported by the European Defence Fund (EDF).
The EU has financed and delivered equipment for a cyber lab, security software and hardware to the Ukrainian Armed Forces, as part of its ongoing support to Ukraine under the European Peace Facility.
Council of the European Union (Council) agreed on a general approach on the proposed regulation establishing the European Defence Industry Reinforcement through common procurement act (EDIRPA).
With an EU budget of €2.4 billion (plus a contribution from ESA and private investments to come), IRIS² establishes space as a vector of our European autonomy, writes Thierry Breton, Commissioner for Internal Market of the European Union.
Reacting to the Russian invasion of Ukraine, for the first time in its history the EU has now mobilised funds for the delivery by Member States of military equipment, including lethal weaponry, to assist a partner country.
Deputy Secretary General of NATO Mircea Geoană stressed the importance of NATO-EU cooperation in remarks to the Conference of the European Strategy and Policy Analysis System.
The Council of the European Unione and the European Parliament reached a provisional agreement on a regulation establishing the EU's secure connectivity programme for the period 2023-2027.
Europe being indirectly involved on the Ukrainian front, attention cannot deviate from Afghanistan any longer, as illicit migration and drug trafficking are on the rise.
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