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Euronews
Euronews
Alice Tidey

EIB spending on security and defence quadrupled to €4bn in 2025

EIB European Union Nadia Calviño United States Russia

The European Union's lending arm said on Thursday that it expects to spend at least €4 billion on security and defence projects in 2026 – the same as it did last year after effectively quadrupling its financing in the area.

Overall, the European Investment Bank (EIB) spent 5% of its financing in the EU on security and defence projects last year, a target it had initially planned to reach only in 2026.

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