Author: David John
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EU ratifies redirection of civilian funds for defence spending
The European Union has formally adopted legislation allowing civilian EU funding programmes to be used for defence and military projects, turning last month’s political agreement on the so-called Mini-Omnibus into binding law. The…
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European Parliament approves €1.5bn permanent defence industry programme
The European Union has approved its first long-term funding programme dedicated to defence manufacturing, joint procurement and supply chain expansion The European Parliament has approved the European Defence Industry Programme…
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Slovakia opens €58bn ammunition procurement scheme to SAFE financing
The scheme allows EU states to fund large ammunition purchases through centralised, low-cost European borrowing Slovakia has become the first EU member state to activate the Security Action for Europe…
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EU pumps €1bn into latest wave of defence R&D projects
The European Commission has begun signing grant agreements for 62 defence research and development projects under the 2024 European Defence Fund (EDF), deploying close to €1 billion in EU funding, the executive said on Tuesday.…
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Europe’s largest VC defence fund closes at €150m with pension backing
Keen Venture Partners has closed its European Defence and Security Tech Fund at €150m, marking the largest dedicated defence venture capital vehicle raised in Europe and signalling growing institutional appetite…
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EU redirects billions in civilian funds to boost defence investment
EU repurposes research and infrastructure funds for military projects, opening new financing channels without additional budget contributions
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Brussels unveils €1bn growth fund as EU targets defence tech ‘valley of death’
European Commission’s transformation roadmap tackles startup scaling crisis with new financing vehicle and fast-track procurement reforms
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Lithuania secures €300m EIB loan for defence infrastructure upgrades
EU lender expands support for eastern-border security as funding for Lithuanian defence surpasses €1bn this year
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UK balks at €6.75bn price tag for EU defence fund access
Government calls European Commission’s entry fee “unreasonable” as bloc prepares to launch €150bn Security Action for Europe initiative
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Ukraine to gain access to European Defence Fund
Move gives Ukrainian firms access to €7.3 billion fund for defence research and capability programmes Ukraine is set to gain associate-country status under the European Defence Fund (EDF), enabling its…
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