New Atlanticist
Oct 23, 2019
EDA soon to launch new financing mechanism for boosting multination defense projects
By
Brooks Tigner
Despite its bland name the CFM will operate on a radical premise, one that has never been tried before at national or EU level (or among NATO allies for that matter), namely: to function as a platform where Europe’s defense ministries can systematically borrow either from the EU’s official bank or lend their own defense monies to each another for multinational capability efforts.