Tag Archives: security and defence

Former Austrian Chancellor Karl Nehammer joins EIB Management Committee, succeeding Thomas Östros and reinforcing the Bank’s drive on EU policy priorities

(IN BRIEF) Karl Nehammer, Austria’s former Chancellor (2021–2025), has been appointed Vice-President of the European Investment Bank, joining its Management Committee on 1 September 2025. Nominated by Austria and approved by the 27 EU finance ministers, he replaces Sweden’s Thomas … Read the full press release

Third EIB-Italy Partnership Strengthens National Defence with Helicopter Procurement

(IN BRIEF) The EIB has signed its third joint agreement with Italy’s Economy and Finance Ministry and the Defence Ministry, providing a 20-year loan to finance new helicopters for the Italian Army. The funds will flow from the EIB to … Read the full press release

Thales Launches cortAIx in the UK to Drive Trusted AI Innovation for Defence and Security

(IN BRIEF) Thales has launched its cortAIx initiative in the UK, a significant move in advancing trusted AI for defence and security. The new centre, which will employ 200 AI and data specialists, aligns with the UK Government’s vision for … Read the full press release