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Which body will oversee the European defense fund by the end of 2024?
2
Resolution / Starting Odds
European Investment Bank • 25%
European Commission • 25%
NATO • 25%
Other • 25%
Official announcements from the European Union or the European Investment Bank
Story
Europe Plans €500 Billion Defense Fund for Joint Projects Amid Trump's Potential Return
Dec 5, 2024, 01:28 PM
European countries are in discussions to establish a €500 billion defense fund aimed at financing joint defense projects and arms purchasing, according to six officials involved in the talks, as reported by the Financial Times. The initiative comes in anticipation of Donald Trump's return to the White House, with the goal of ensuring self-defense capabilities in a worst-case scenario. The fund, which would be open to participation from the UK and Norway, would be overseen by the European Investment Bank (EIB).
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Other structural changes • 25%
Increased production speed • 25%
Consolidation of companies • 25%
No significant changes • 25%
Indefinite postponement • 25%
Approve without modifications • 25%
Approve with modifications • 25%
Reject proposal • 25%
Cybersecurity • 25%
Aerospace • 25%
Land Systems • 25%
Naval • 25%
Italy • 25%
Other • 25%
Germany • 25%
France • 25%
No noticeable enhancement • 25%
Minimal enhancement • 25%
Moderate enhancement with existing capabilities • 25%
Significant enhancement with new capabilities • 25%