EIB Expects to Double Support for Defense Industry, Calvino Says
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The European Investment Bank expects to double the amount of investments it facilitates for defense and security this year as the region seeks to jump-start the industry, President Nadia Calvino said.
“Last year we mobilized €1 billion ($1 billion) in investments for the security and defense industry,” Calvino said in an interview at the World Economic Forum in Davos on Thursday. “We expect to double that amount in 2025.”