European Defence Fund: Between Economy and Politics

Author
Marcin Terlikowski
Content Type
Special Report
Institution
The Polish Institute of International Affairs
Abstract
The European Defence Fund (EDF) is the EU’s newly established defence-industrial policy tool. It will enable co-financing from the Union’s budget collaborative research on defence technologies and joint-capability development programmes. Its goal is to strengthen the EU’s defence industry and, thereby, its military capacity. Implemented since 2017 only in a limited form, the EDF is planned to go full-fledged in 2021–2027. Yet, it will not bring the expected results if its budget remains limited and no consensus is found on the issue of the access of non-EU NATO states to the fund.
Topic
Defense Policy, Economics, Politics, Military Strategy
Political Geography
Europe