European Investment Bank to Boost Defence Innovation Funding to €4.5bn

The European Investment Bank (EIB) has announced a significant increase in defence sector lending, planning to provide €4.5 billion for EU defence projects in 2026. This represents a major expansion of the bank's support for European defence capabilities.

The funding will target key areas including military mobility infrastructure, counter-drone systems, and broader defence innovation initiatives. This move aligns with the EU's push to strengthen its defence industrial base amid growing security challenges.

Read the full article at Reuters for complete details on the funding plans and eligible projects.