Urgent: EU allocates 1 billion euros to boost collaborative European defence research, development

BRUSSELS, Dec. 17 (Xinhua) -- The European Commission announced on Wednesday that it will invest 1 billion euros (1.17 billion U.S. dollars) in joint defence research and development under the 2026 European Defence Fund Work Program, to reinforce Europe's collective approach to defence innovation and capability building. (1 euro = 1.17 U.S. dollars)

More Stockholm News

Access More

Sign up for Stockholm News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!