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Euronews
Euronews
Alice Tidey

The EU seeks to slash red tape for defence as money 'is not enough' to kickstart production

The European Commission on Tuesday unveiled a series of measures it hopes will slash red tape for the defence sector and get it to start significantly boosting production.

The so-called Simplification Omnibus includes measures to fast-track permitting for defence companies, facilitate cross-border movement through the supply chain, as well as guidance to improve access to finance and to dangerous chemical substances.

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