European Defense Fund

As part of the moves to strengthen the European defense industry, based on the increased need for defense equipment resulting from the war in Ukraine, Hellenic Defense Systems (EAS) will, sources say, receive €60-80 million in funding from the European Defense Fund to increase production of 155mm projectiles.

,,The challenges facing Europe require mechanisms for timely decision-making and response and even closer integration in the area of ​​defense and security.'' This was announced by President Rumen Radev today at a meeting with German Foreign Minister Heiko Maas, the presidential press secretariat announced.

The European Commission has announced that it has approved programs for the co-financing of joint industrial defense projects until 2020 worth up to € 500 million. An additional € 25 million is earmarked to support joint research defense projects this year.

The following interview with German Defense Minister Ursula von der Leyen appeared in Kathimerini Cyprus on March 17.

The EU institutions have reached a partial political agreement on the European Defense Fund, which will contribute to the strategic autonomy of the Community, the European Commission said.

A meeting of political directors from the defense ministries of the EU member states took place on Thursday and Friday in Bucharest, in the context of Romania's exercise of the Presidency at the Council of the European Union, having on the agenda of discussions important topics related to the security and defense of the European Union.

AGERPRES special correspondent Florentina Peia reports: President Klaus Iohannis and French President Emmanuel Macron signed on Tuesday at the Elysee Palace a political statement on the two states' Strategic Partnership.

Romania's Defence Minister Mihai Fifor said on Thursday he agreed with British Defense Secretary Gavin Williamson to continue bilateral consultations and strategic dialogue on topics of mutual interest for the implementation of bilateral projects and the development of defence co-operation.

The international security context, the risks and threats emerging globally and regionally, as well as the measures to be taken at both NATO and EU levels, were discussed in Bucharest on Thursday by State Secretary for Defence, Policy, Planning and International Relations with Romania's Defence Ministry (MApN) Mircea Dusa and Portuguese Defence Minister Jose Alberto Azeredo Ferreira Lop

The trade with Austria amounts to 1.2 billion euros, which makes Austria a leading foreign investor in Bulgaria. This is what President Rumen Radev said during a press conference after meeting the Austrian President, Alexander van der Belen, ''FOCUS'' News Agency reported.