The EU member states want the European Investment Bank (EIB) to play a larger role in financing defence projects. Based in Luxembourg, the EIB is the bank of the European Union and is said to be the largest multilateral financing institution in the world. Most recently, it has been particularly involved as a donor for climate action and also for supporting Ukraine. According to a statement adopted by the EU heads of state and government meeting in Brussels on Thursday evening, the EIB is to adapt its lending policy. The current definition of so-called dual-use goods – products that can be used…