By 2025, the European Investment Bank (EIB) has “quadrupled” its financing in the fields of security and defence to more than €4 billion, said its President, Nadia Calviño, on Thursday 29 January, when presenting the Bank’s annual results.
“It is a step change”, she said, pointing out that the envelope devoted to these sectors had reached, a year ahead of schedule, the target of 5% of total funding set for 2026. And she predicted that the level of financing will be maintained...