The European Investment Bank (EIB) has agreed on a series of measures to further boost investment in security and defence, as well as in critical raw materials.

Yesterday, January 1, Germany took over the leadership of NATO’s Very High Readiness Joint Task Force (VJTF).
NATO’s VJTF was created in 2014 at the core of a strengthened Alliance Response Force following Russia’s illegal annexation of Crimea and crises in the Middle East.
Germany replaced France, which led the force in 2022. In response to Russia’s invasion of Ukraine in February 2022, NATO deployed parts of the VJTF to Romania in the unit’s first collective defence mission. Germany is an important ally for the VJTF leadership in 2023, NATO spokeswoman, Oana Ludzescu, said.
Mrs. Ludzescu added that as Russia’s illegal war in Ukraine continues to threaten peace and security in Europe, there should be no doubt over NATO’s determination to protect and defend every inch of allied territory. The VJTF is the first response force on the NATO side and is a key part of collective defence. Germany’s leadership is a strong demonstration of its commitment and potential.
The VJTF is the highest readiness component of the NATO Response Force. The leadership and membership of the VJTF rotate annually among the Allies. In 2023, the ground forces of the VJTF will include approximately 11,500 troops.
Source: APA MPA
Also read: Great Britain | Increase in defence spending by $1.21 billion
READ MORE
European Union | Joint White Paper for European Defence Readiness 2030
Yesterday, the High Representative for Foreign Affairs and Security Policy and the European Commission presented a White Paper…
Libya | Announcement of Licensing Round for Exploitation of Energy Resources
Libya has officially announced its first oil and gas licensing in 17 years, offering 22 areas for international auction.
Prisma Electronics | Delivery of the First Systems for the FDI Frigates
Prisma Electronics has successfully delivered the first systems for the FDI frigates, having passed all rigorous acceptance…
Massive Ancient Greek Defensive Wall Unearthed in Croatia
An ancient Greek defensive wall, dating back at least 2,000 years, has been uncovered near the Adriatic coast of Croatia, the…
Airbus | Demonstration of LOAD Against Kamikaze Drones
At the “Unmanned Systems X” trade show held in Bonn, Germany, on 25-26 March, Airbus introduced its new unmanned air defence system, LOAD.
Program THORAX | The New Operational AI-Driven System for National Defence and Security
The Ministry of National Defence and the Ministry of Development and Investments have signed a contract for the THORAX programme with the project contractors…
Leonardo | PRS Receiver Achieves First Certification for Defence and Emergencies Throughout Europe
eonardo has designed, developed, and built the only receiver specifically conceived for the ultra-secure Public Regulated Service (PRS)…
The first photos of the new H145M helicopters of the National Guard of Cyprus
