EIB to Channel Defense Funding Through European Banks

The European Union is helping countries spend more on defense.

They're doing this by giving money to big banks, like Deutsche Bank, which will then lend it to companies that make military equipment.

The EU is worried about threats from other countries and wants to be ready.

Banks are starting to get involved in this industry, but it's been hard for them because of rules.

The EU is working on making these rules easier to follow, so more companies can get the money they need.