Monday

16th Jan 2017

Ticker

Commission wants to set up EU defence fund

Jean-Claude Juncker announced Wednesday that his Commission will propose before the end of 2016 the creation of European defence fund "to actively stimulate research and innovation in this area". He said that European military forces should cooperate more, because the lack of cooperation costs between €20 billion and €100 billion a year. Juncker also stressed that European military cooperation "doesn't mean less transatlantic solidarity", referring to the Nato alliance.

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