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The fund could not be used for US-made systems like the Patriot air defence missiles (Photo: nato.int)

Brussels' €150bn defence fund to prioritise EU military kit

In a win for France, EU defence funds will prioritise investments in European equipment. 

US, UK, and Turkish arms suppliers are to be locked out of a new €150bn defence investment push proposed by the EU Commission on Wednesday (19 March), which aims keep European money flowing to European defence firms.

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

The fund could not be used for US-made systems like the Patriot air defence missiles (Photo: nato.int)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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