EU just announced €800 billion in defence funding – what does it mean for impact firms?

Ursula von der Leyen. Photo: AP/TT.
5 mars 2025
15:21
European Commission president Ursula von der Leyen has launched an ambitious €800bn defence plan that could create jobs and dual-use tech innovations. But what does it mean for impact companies? Impact Loop takes a look.

The President of the European Commission, Ursula von der Leyen, this week unveiled an ambitious plan to ramp up Europe’s military and defence infrastructure. Under the name "ReArm Europe", it plans to mobilise both public and private money to make Europe more self-reliant and better support Ukraine.

Some €800 billion ($855b) could in theory be utilised, via various EU funds, national budgets, capital market borrowing and private investment, for the endeavour.

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