Defence: Finance

(asked on 23rd November 2017) - View Source

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, what the UK share is of European Investment Bank funding of European Defence Fund programmes.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
Shadow Minister (Business and Trade)
This question was answered on 1st December 2017

There is as yet no European Investment Bank (EIB) funding of the European Defence Fund (EDF) programme. With the EU Commission's 'Financial Toolbox' proposal still in the very early stages of development, it is unlikely that there will be any EIB funding of the EDF while the UK is in the EU, and accordingly no UK share.

Reticulating Splines