EIB under pressure: European leaders call for greater financial support for the defense industry

In an unprecedented concerted effort, Romania and 18 other European Union member states have signed and sent a letter to the European Investment Bank (EIB), calling for a more active role for it in financing the security and defense sector, according to an article published on the Euractiv website, which states that this initiative comes against the backdrop of intensifying security challenges at a global level and the acute need for investment in the production and acquisition of modern military equipment.

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