European Peace Facility: Investing in international stability and security


Manage episode 296319911 series 1125304
By European Parliament Webmaster and European Parliament. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
While many of the operations and missions the EU supports have military and defence implications, the EU cannot finance activities with military or defence implications from the EU budget. EU Member States therefore have mechanisms to fund expenditure with military and defence implications directly from national budgets. A new one is the European Peace Facility, an off-budget fund with a financial ceiling of €5.692 billion financed by Member State contributions. Learn more about it in our podcast!
Source: © European Union - EP

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