On Wednesday 7 June, High Representative of the EU for Foreign Affairs and Security Policy Federica Mogherini and European Commission Vice-President for Jobs, Growth, Investment and Competitiveness Jyrki Katainen announced the launch of a European Defence Fund.
The fund comprises two parts. The first covers research. The Commission provides for €90 million from the European budget for the next three years (€25 million for this year, €40 million for 2018 and €25 million for...