European Defence Fund: Between Economy and Politics
European Defence Fund: Between Economy and Politics
Author(s): Marcin Terlikowski
Subject(s): Governance, Economic policy, International relations/trade, Security and defense, Military policy
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: European Defence Fund; European Union; defence-industrial policy tool; defence technologies; military capacity; NATO;
Summary/Abstract: The European Defence Fund (EDF) is the EU’s newly established defence-industrial policy tool. It will enable co-financing from the Union’s budget collaborative research on defence technologies and joint-capability development programmes. Its goal is to strengthen the EU’s defence industry and, thereby, its military capacity. Implemented since 2017 only in a limited form, the EDF is planned to go full-fledged in 2021–2027. Yet, it will not bring the expected results if its budget remains limited and no consensus is found on the issue of the access of non-EU NATO states to the fund.
Series: PISM Bulletin
- Page Count: 2
- Publication Year: 2020
- Language: English
- Content File-PDF