The European Investment Bank (EIB) is significantly increasing its investments in the European defense sector, aiming to inject an additional $6.4 billion into areas such as drones, satellites, and cyber security. Nadia Calviño, head of the EIB, emphasized the need to reinforce Europe's security and defense industry, highlighting an increasing willingness to lend to defense companies following Russia's invasion of Ukraine. The EIB's multi-billion investment initiative underscores Europe's commitment to bolstering its defense capabilities.
'It's clear we need to reinforce Europe's security and defense industry,' Nadia Calviño, head of the European Investment Bank, told @Reuters underscoring an increasing willingness in Europe to lend to defense companies after Russia's invasion of Ukraine https://t.co/gw9p0VDbQ2 https://t.co/tm0Rv6wnBQ
It’s good for Europe to scale up defense efforts and investments together. We need a stronger Europe for it to be more self-reliant. So we should encourage this kind of thing. https://t.co/57FCmZx4fb
WATCH: The European Investment Bank intends to ramp up its investments in European defense such as drones, satellites and cyber security, aiming to inject a further $6.4 billion into the sector, its head told @Reuters https://t.co/gw9p0VDbQ2 https://t.co/q1VRwF3Zzd
'It's clear we need to reinforce Europe's security and defense industry,' Nadia Calvino, head of the European Investment Bank, told @Reuters underscoring an increasing willingness in Europe to lend to defense companies after Russia's invasion of Ukraine https://t.co/6uwNjGlHN7 https://t.co/PChZgNOvJn
European Investment Bank steps up multi-billion European defence investments https://t.co/41f9GLzJUk via @Reuters https://t.co/Md8X71p6jv