💨 Abstract

European Council President Antonio Costa emphasized the need for a strong and competitive European defense industry to strengthen European security. At an informal EU Leaders' Retreat in Brussels, discussions centered around developing collective capabilities, utilizing the EU budget and private funding, and strengthening strategic partnerships. The leaders agreed to focus on critical gaps in defenses, such as air and missile defense, missiles, ammunition, and military transport.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖