ECB Issues Caution: Regulatory Incentives for Defense Lending Could Be Risky
2 months ago
The European Central Bank (ECB) has recently raised alarms regarding potential regulatory incentives aimed at boosting lending to defense sectors within the Eurozone. This announcement comes amid broader discussions about the need for increased military spending in light of geopolitical tensions, particularly regarding the conflict in Ukraine and other global security concerns.
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European Investment Bank Plans to Significant Boost in Defense Funding
4 months ago
The European Investment Bank (EIB), Europe's lending arm, has announced ambitious plans to double its financial support for the defense industry in the coming years. This initiative, detailed by EIB Vice President, Gelsomina Calvino, comes amid increasing security concerns across Europe and the necessity for member states to bolster their military capabilities.
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