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Edirpa: First contributions from the EU budget for joint procurements

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Published: November 15th, 2024,
Last updated: May 28th, 2025

EU Commission Vice-President Margrethe Vestager spoke of a „success“ after the EU Commission approved funds for the procurement of armaments.

It is a test run and a first: On Thursday, the EU Commission approved financial contributions totaling €300 million for five cross-border procurements of defense equipment. For the first time, the EU budget will be used to support the member states in the joint procurement of defense equipment, says Margrethe Vestager, Vice President of the EU Commission. This is a „success“.

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Rüstung EU-Haushalt European Defense