EDIP: How Parliament wants to increase E • Table.Briefings

Marie-Agnes Strack-Zimmermann, Chair of the EU Parliament’s Defense Committee.

The EU defense industry program (EDIP) is to be endowed with over EUR 20 billion. And the European share of the funding criteria for joint projects is to be 70%. Two points in the compromise that the responsible parliamentary committees want to adopt today.

If all goes well, the European Parliament’s Industry Committee (ITRE) and Defense Committee (SEDE) will today take the European Defence Industrial Program (EDIP) an important step forward. After months of delay, the responsible committees have reached a compromise. The funding criteria for joint procurements have been agreed on a share of at least 70% of European origin. The Budget Committee (BUDG), which was also involved, succeeded in ensuring that the funds for EDIP could be significantly increased in line with the European Parliament’s position.

EDIP: How Parliament wants to increase EU funding for the arms industry.

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