The Romanian Presidency of the Council of the EU and the European Parliament reached a partial political agreement on the European Defence Fund (EDF), proposed in June 2018 (see EUROPE 12040), on the night of Tuesday 19 to Wednesday 20 February.
This agreement, which incorporates the general objectives and structure of the Fund, as proposed by the European Commission, has yet to be formally adopted by the Council and the European Parliament. The budgetary aspects and some horizontal...