The proposal for a regulation on the European Defence Fund, presented by the European Commission on Wednesday 13 June, takes up many points of the interinstitutional negotiating agreement on the European Defence Industrial Development Programme (EDIDP) (see EUROPE 12025). This, one might say, is a “test run” by the European Commission of the Fund – while making many changes to it.
First of all, there are changes in the budget and the duration. The European Defence Fund will...