European Parliament - Eprs Policy Podcasts

While many of the operations and missions the EU supports have military and defence implications, the EU cannot finance activities with military or defence implications from the EU budget. EU Member States therefore have mechanisms to fund expenditure with military and defence implications directly from national budgets. A new one is the European Peace Facility, an off-budget fund with a financial ceiling of €5.692 billion financed by Member State contributions. Learn more about it in our podcast! http://www.europarl.europa.eu/thinktank/en/document.html?reference=EPRS_BRI(2021)690641 https://youtu.be/Ew7H3-KLSwg Source: © European Union - EP