The European Investment Bank is actively financing the EU’s security and defense capabilities and is considering involvement under a European loan for Ukraine for 2026–2027.
This was stated to journalists by EIB President Nadia Calviño ahead of a meeting of the EU Economic and Financial Affairs Council in Brussels.
“We have increased our financing in this area fourfold. Last year, we already reached the five-percent target for such financing within the EU – more than €4 billion – and we have a strong portfolio of flagship projects in five key areas,” the bank president said.
One of these areas is military mobility, with key flagship initiatives being financed in Lithuania, Latvia, Denmark, Italy, and Sweden, she noted.
Another area of financing is industrial capacity, Calviño said, adding that last week she visited an EIB-financed drone manufacturer located near Munich, Germany, which “closely cooperates with Ukraine and plays a key role in the development of unmanned military defense technologies.”
The EIB also continues to finance defense research within the EU, the president said, as well as small and medium-sized enterprises through European banks with which the EIB has signed relevant agreements to provide such companies with liquidity and working capital.
The bank also supports the ecosystem of private investment funds in the security and defense sector, Calviño added.
“Overall, the European Investment Bank is strengthening its role as one of the key players in enhancing Europe’s security and defense capabilities. And of course, we are awaiting guidance and working closely with the European Commission in implementing any new instruments, including a new loan to support Ukraine in these challenging times,” the EIB president concluded.
