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European Investment Bank wants to double investment in armaments

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Published: January 22nd, 2025,
Last updated: May 28th, 2025

Nadia María Calviño Santamaría
In 2024, the EU development bank will have reached a record sum of one billion euros in investments in the areas of security and defense, said EIB President Nadia Calviño.

The European Investment Bank (EIB) wants to significantly increase its support for the defense industry. Last year, the development bank achieved a record sum of one billion euros in investments in the areas of security and defense, said EIB President Nadia Calviño at a meeting with EU finance ministers in Brussels. She expects this amount to be doubled in 2025.

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