18 EU Countries Race for Billions in New Defense Fund to Boost Europe’s Security Independence

Brussels, Belgium – eighteen countries in the European Union have submitted applications for billions of euros from a newly launched EU defense fund. This fund is designed to enhance Europe’s capability to secure its own defense independently from the United States, marking a critical advance toward European autonomy in defense and security.

Objectives of the EU Defense Fund

Announced earlier this year, the defense fund is part of a broader EU strategy to improve military cooperation and foster innovation among member states. With a budget totaling tens of billions of euros, the fund supports:

• Joint defense projects
• Research and development in military technology
• Cutting-edge capabilities such as cyber defense, artificial intelligence, and advanced weapons systems

Participating Countries and Project Focus

Countries including Germany, France, Italy, Spain, Poland, and others have put forward proposals aiming to:

1. Enhance armed forces’ readiness
2. Develop new defense technologies
3. Create more integrated and capable military forces across Europe

European Strategic Autonomy and Security

EU officials underline that this new strategy responds to evolving global dynamics and emphasizes self-reliance and collective security within Europe. While complementing NATO efforts, the fund aims to reduce dependence on US military assistance.

During a press conference, European Commission President Ursula von der Leyen stressed, “Europe must be able to defend itself and act independently when necessary. This defense fund is a cornerstone in building a stronger and more sovereign Europe.”

Economic and Collaborative Benefits

Beyond financial support, the fund encourages collaboration among the EU defense industries to:

• Lower costs through joint efforts
• Accelerate development of innovative technologies
• Boost the European economy by creating jobs

Challenges and Future Outlook

While there is strong enthusiasm for the initiative, experts highlight potential challenges such as coordinating the diverse defense needs of member countries and managing political disagreements. Nevertheless, the majority view the fund as a positive move toward European strategic autonomy.

The applications will face a detailed review process, with selected projects scheduled to receive funding starting next year. The European Union envisions this initiative as a step toward a more cohesive and capable defense framework, better equipped to address current and future threats.

Stay tuned for more updates from Questiqa Europe News.

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