Proposal for a Regulation establishing the European Defence Fund

Author (Corporate)
Series Details COM (2018) 476
Publication Date 13/06/2018
Content Type

Summary:

Legislative proposal - published by the European Commission in June 2018 - setting up the European Defence Fund (EDF) for the 2021-2027 multi-annual financial framework.

Further information:

The EDF was launched in June 2017 aiming to help Member States spend money on defence and security more efficiently, reduce duplications in spending and get better value for money.

The European Defence Fund is intended as an instrument to foster the competitiveness and innovativeness of the European defence technological and industrial base, thereby contributing to the EU's strategic autonomy. It aims to trigger cooperative programmes that would not happen without an EU contribution and, by supporting research and development activities, to provide the necessary incentives to boost cooperation at each stage of the industrial cycle.

The draft law was adopted on 13 June 2018 in the context of the discussions related to the Multiannual Financial Framework (MFF) for the period 2021-2027. The Council of the European Union adopted its (partial) general approach on 19 November. The European Parliament's plenary session adopted a negotiating mandate on 12 December. An informal agreement between the co-legislators was reached on 20 February 2019. The Parliament endorsed it on 18 April.

Source Link https://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2018:476:FIN
Related Link(s)
Commentary and Analysis
EurActiv, 14/06/2018: Military industry fund could encourage development and export of controversial weaponry https://www.euractiv.com/section/defence-and-security/opinion/military-industry-fund-could-encourage-development-and-export-of-controversial-weaponry/
EPRS: Briefing, November 2018: European Defence Fund: Multiannual financial framework 2021-2027 http://www.europarl.europa.eu/thinktank/en/document.html?reference=EPRS_BRI(2018)630289
The Guardian, 19/04/2019: Why does the EU need a €13bn defence fund? It should be waging peace https://www.theguardian.com/commentisfree/2019/apr/19/eu-13bn-defence-fund-arms-companies

News
Reuters, 13/06/2018: EU executive unveils 13 bln euro defence fund for post-Brexit era https://www.reuters.com/article/idUSL8N1TF2GI
EurActiv, 13/06/2018: Commission to hike EU investment in defence innovation https://www.euractiv.com/section/economy-jobs/news/commission-to-hike-eu-investment-in-defence-innovation/
EurActiv, 22/02/2019: European Defence Fund agreed amid ethics concerns https://www.euractiv.com/section/defence-and-security/news/european-defence-fund-agreed-amid-ethics-concerns/
EurActiv, 17/04/2019: Letters reveal Parliament split ahead of European Defence Fund vote https://www.euractiv.com/section/defence-and-security/news/letters-reveal-parliament-split-ahead-of-european-defence-fund-vote/
EurActiv, 18/04/2019: EU lawmakers rubber-stamp European Defence Fund, give up parliamentary veto https://www.euractiv.com/section/defence-and-security/news/eu-lawmakers-rubber-stamp-european-defence-fund-give-up-parliamentary-veto/

Official
EUR-Lex: SWD(2018)345: Impact assessment https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2018:345:FIN
European Parliament: Legislative Observatory: Procedure File for Proposal on European Defence Fund 2021–2027 https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?reference=2018/0254(COD)
EP: Legislative Train: Proposal for a Regulation establishing the European Defence Fund http://www.europarl.europa.eu/legislative-train/theme-new-boost-for-jobs-growth-and-investment/file-mff-european-defence-fund
European Commission: Press Release, 13/06/2018: Stepping up the EU's role as a security and defence provider http://europa.eu/rapid/press-release_IP-18-4121_en.htm
Council of the European Union: Press Release, 19/11/2018: European Defence Fund: Council adopts its position https://www.consilium.europa.eu/en/press/press-releases/2018/11/19/european-defence-fund-council-adopts-its-position/
European Commission: 20/02/2019: EU budget for 2021-2027: Commission welcomes provisional agreement on the future European Defence Fund http://europa.eu/rapid/press-release_IP-19-1269_en.htm
European Parliament: Press Release, 18/04/2019: Fostering defence innovation through the European Defence Fund http://www.europarl.europa.eu/news/en/press-room/20190418IPR42364/
European Commission: European Defence Fund: Statement by Commissioner Bieńkowska on the European Parliament's vote, 18 April 2019 http://europa.eu/rapid/press-release_STATEMENT-19-2170_en.htm

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