On Wednesday 13 June, the European Commission revealed the outlines of the European Peace Facility. After 2020, this instrument seeks to cover European Union external operations and missions in the common European Security and Defence Policy (ESDP)
This new financial instrument was unveiled two days after the launch of Permanent Structured Cooperation (PSC) in the defence domain at the end of 2017 and will have an envelope of €10.5 billion in current prices (€9.2 billion in constant...