White smoke for first-ever EU defence industry fund

The new European Defence Industrial Development Programme, with a €500 million budget for 2019-2020, was informally agreed by MEPs and Council on Tuesday night (22 to 23 May). The EDIDP is a key pillar of the European Defence Fund, announced by Commission President Jean-Claude Juncker in his September 2016 State of the Union speech and launched in June […]