Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/16/4088 (30.11.16) |
Publication Date | 30/11/2016 |
Content Type | News |
The European Commission adopted on 30 November 2016 the European Defence Action Plan. This package proposes a European Defence Fund and other actions to support member states' more efficient spending in joint defence capabilities, strengthen European citizens' security and foster a competitive and innovative industrial base. The proposals include: + Setting up a European Defence Fund, to support investment in joint research and the joint development of defence equipment and technologies; + Fostering investments in SMEs, start-ups, mid-caps and other suppliers to the defence industry; + Strengthening the Single Market for defence. The president of the European Commission had highlighted during his 2016 State of the Union speech the importance of a strong Europe that can defend and protect its citizens at home and abroad. |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-16-4088_en.htm |
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Subject Categories | Security and Defence |
Countries / Regions | Europe |