EU's €1.5bn defence industry programme may be stretched too thin, auditors warn
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Euronews.com
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The European Court of Auditors has criticized the EU's €1.5 billion Defence Industry Programme (EDIP) for lacking sufficient budget to meet its objectives, as proposed by the European Commission in response to Russia's invasion of Ukraine. The auditors recommend a more robust policy design and realistic targets by 2027, alongside a long-term funding strategy for defence capabilities. European defence companies have expressed concerns and called for targeted financial support, emphasizing the need for a domestic focus and a potential emergency section for crises. Teljes cikk (Euronews.com)