US EditionThe European Parliament Strengthens Incentives for Defence Investments
4 Articles
4 Articles
The plan to "rearm Europe", adopted on Wednesday, aims to strengthen the technological and industrial base of the old continent's defence.
More money for the re-armament of Europe. In fact, it will now be possible to allocate more European funds to defence-related investments by changing the criteria for financing existing EU programmes. It is decided by the European Parliament that it approved a series of new measures to implement the Investment Plan Readiness 2030, already known as ReArm Europe. The legislation, agreed with the Council, was finally adopted with 519 votes in favou…
The European Parliament on Tuesday approved changes to EU law that will allow changes to approved programs to direct additional funding to defense projects.
On Tuesday, the European Parliament endorsed the legislative changes to allow funds from European programmes to be allocated to the European Union's rearmament plan (EU), promoting investments in defence and security. In the framework of the negotiations, the Chamber expanded the scope of measures to direct funds to strengthen resilience to ongoing hybrid attacks and foreign interference. MEPs also called for legislation to allow greater support…
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