The European Investment Bank (EIB) Group quadrupled its funding for security and defence in 2025, exceeding €4 billion. The figures were presented by EIB Vice-President Ioannis Tsakiris in a recorded message to the Defence Tech Summit, held at the War Museum under the auspices of the Ministry of National Defence.
Mr Tsakiris stressed that Europe needs a strong defence industry and greater control over the technologies on which its security depends. Against this backdrop, the EIB expanded its financing framework in 2025 so it could also support investment solely for defence purposes.
As he noted, the EIB finances critical infrastructure, research and the expansion of production capacity. It also supports cybersecurity technologies, satellite applications and advanced systems that can strengthen European defence.
“Technological superiority requires continuity,” he said, describing the path from research to testing, from certification to production, and from an innovative team to a business capable of meeting significant requirements. Every stage requires capital, he noted, adding that loans, guarantees and investments through the European Investment Fund help businesses move forward and mobilise more private financing.
Deals with Greek banks
Mr Tsakiris noted that Greece has scientists, expertise and businesses that can contribute to European security and defence. The EIB is already supporting this potential through partnerships with Greek banks.
Through Piraeus Bank, the EIB is making €100 million available to businesses in the security and defence ecosystem. It has signed a €250 million financing agreement with National Bank of Greece, at least half of which is earmarked for investment in the sector. With CrediaBank, it has already signed its first financing agreement, worth €50 million, with particular emphasis on small and medium-sized businesses in security and defence.
“In this way, we are creating more financing opportunities for Greek businesses to develop technologies, expand production and take on a greater role in the European defence industry,” Mr Tsakiris said.