Summary
The European Parliament recommends establishing a new financial mechanism called the European Peace Facility to fund military missions and security capacity building abroad. This facility aims to provide more flexible and efficient funding for EU external actions with defense implications. 10 28.03.2019
Other
defence
human rights
european union
international relations
public finance and budget policy
Key points
- The European Parliament recommends establishing a new financial mechanism called the European Peace Facility to fund military missions and security capacity building abroad.
- The new facility is intended to replace the existing Athena mechanism and the African Peace Facility.
- Funding will be used to support EU military missions and strengthen the defense capacities of third countries and international organizations.
- The proposed average annual budget for the facility is approximately 1.5 billion euros.
Documents (PDFs)
REPORT on a European Parliament recommendation to the Council and the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy concerning the Proposal of the High Representative of the Union for Foreign Affairs and Security Policy, with the support of the Commission, to the Council for a Council Decision establishing a European Peace Facility
Decision establishing a European Peace Facility
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