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Meet the defense giants that will rearm Europe as the EU eyes a massive military buildup

Banks Race to Catch Up With EU Defense Goals in Major Reset

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It's a frequent refrain from European defense startups working on everything from new drone technologies to advanced surveillance equipment. Their experience shows that the ways
The article from MSN discusses how European banks are intensifying efforts to align with the European Union's defense objectives, prompted by a significant policy shift. This reset is driven by the need to enhance the EU's defense capabilities amidst rising geopolitical tensions, particularly with Russia. The European Investment Bank (EIB) has traditionally avoided funding defense projects due to its ethical guidelines, but there is now a push to reconsider these restrictions to support dual-use technologies that can serve both civilian and military purposes. This change aims to bolster the EU's strategic autonomy and reduce dependency on external defense suppliers. Banks are racing to adapt their strategies to finance defense-related projects, navigating through complex regulatory environments and ethical considerations, as the EU seeks to strengthen its defense industry and meet its ambitious defense spending targets.

Read the Full Bloomberg Article at:
[ https://www.msn.com/en-ph/money/other/banks-race-to-catch-up-with-eu-defense-goals-in-major-reset/ar-AA1AxGwe ]