EU keen on defence research fund

European Union Defence Ministers meeting as the European Defence Agency Steering Board, Innsbruck, 7 March 2006, welcomed new ideas for boosting EU joint spending on
defence Research & Technology and asked the European Defence Agency to prepare detailed proposals for their meeting in May 2006 on a joint programme of investment in R&T, and funding.

EU defence ministers have said they are keen to see more work done on a new fund for military research in Europe. The fund would draw money from member states and be run by the European Defence Agency (EDA).

Council of the European Union: Press Release, 7.3.06 http://consilium.europa.eu/ueDocs/cms_Data/docs/pressData/en/declarations/88678.pdf

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