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Germany and France, along with 12 other European Union countries, have called on the European Investment Bank (EIB) to increase funding for defense as a means of enhancing the bloc’s security in the context of the threat of Russian aggression, reports Bloomberg. On March 17th, the countries sent a letter to the President of the EIB, Nadia Calvino, the President of the European Council, Charles Michel, and the Prime Minister of Belgium, Alexander De Croo, urging them to develop and approve a new financing strategy. “We need to explore different possibilities that would enable the EIB to invest …

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