New EU Defense Fund proposed to stimulate research and innovation
In the context of his State of the Union 2016 speech, Commission President Juncker took stock of achievements of the past year and presented his priorities for the year ahead.announced. His key messages included a new European Defence Fund. Juncker said "For European defence to be strong, the European defence industry needs to innovate. That is why we will propose before the end of the year a European Defence Fund, to turbo boost research and innovation".