EU Lays Out Plan to Bolster Defense Industry
The European Union wants to ramp up defense capabilities by loosening its knot of regulations covering everything from sustainable finance to merger enforcement.
The European Commission–the EU's executive arm–on Tuesday proposed a number of changes and clarifications to existing regulations, including encouraging merger watchdogs to look favorably on defense sector deals and signaling to asset managers that some security investments could still be considered Environmental, Social, and Governance financing.
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