On the evening of Monday 5 May, the European Commissioner for Defence, Andrius Kubilius, said that the funds allocated to the European Defence Industry Programme (EDIP) in the European Commission’s proposal in 2023 were too low.
“1.5 billion is really not enough”, he acknowledged at a hearing before the European Parliament’s Subcommittee on Security and Defence.
While the European Parliament is proposing to use SAFE loans to finance EDIP - and thus have a budget of over...