Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

European Defence Fund: MEPs reach a deal with the Council

Posted by fidest press agency su mercoledì, 16 dicembre 2020

MEPs and the German presidency of the Council reached an agreement on Monday on a 7.9 billion euro envelope in support of common R&D defence projects. In the 7 years to come, The European Defence Fund (EDF) will cover projects jointly agreed by Member States and compatible with the Union’s defence priorities as defined within the framework of the Common Security and Defence Policy. The Fund will also take into consideration Member States’ cooperation within other regional and international organisations such as NATO.The Fund will finance collaborative projects involving at least 3 participants from 3 Member States, provide co-funding for common prototypes and promote cross-border activities of small and medium-sized enterprises by e.g. providing higher financing for the projects that involve such companies.Moreover, the Fund will also dedicate up to 8% of the funds to disruptive technologies and offer an additional 10% bonus for the eligible projects developed within the framework of the Permanent Structured Cooperation (PESCO). Above all, the Fund should contribute to reduce duplication and strengthen interoperability of the defence systems used by European armed forces.“This compromise, just as the whole Fund, is an important signal sent by the Member States to their citizens and companies: from now on, we want to pull our resources together in order to increase quality of defence technologies produced by the European defence sector, while reducing their cost. This progress should benefit not only Member States’ armed forces, but also their industries, which desperately need every possible stimulus helping them to properly recover from the consequences of the COVID-19 pandemic. Furthermore, the Fund will complement Member States’ defence spending efforts and should thus be perceived as part of a broader answer to the justified demands from our Allies.” said lead MEP Zdzisław Krasnodębski (ECR, PL), EP rapporteur on the file. The provisional agreement will be put to a vote in the forthcoming meeting of the Industry, Research and Energy Committee (ITRE).


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