Extension of the European Fund for Strategic Investments (EFSI 2.0) and EU defense cooperation were the main topics discussed at a meeting between Estonian Prime Minister Jüri Ratas and European Commissioner Jyrki Katainen in Tallinn on Thursday.
“The European Fund for Strategic Investments is of great importance to us, and during our presidency, we will work towards adopting the proposal on extending the lifespan of the European Fund for Strategic Investments as soon as possible.
The purpose of the fund is to involve private investments in projects relating, for example, to infrastructure, research, and innovation, and Estonian companies have benefitted greatly from the fund,” the Estonian prime minister said at the meeting with the European Commission vice-president for jobs, growth, investment and competitiveness.
Ratas and Katainen also spoke about issues related to security and European defense cooperation.
“We certainly hope that defense cooperation in the European Union will be closer, and during our presidency, we will contribute to further steps for PESCO and the European Defense Fund,” Ratas said.
“The European Defense Fund helps member states spend more effectively on defense capabilities, and through it, strengthen the security of the citizens of Europe.”
“This morning we conducted the first strategic cyber exercise, EU CYBRID 2017, for defense ministers who have come to Tallinn. I hope the experience gained from the exercise will provide input for discussions on cyber defense,” Ratas added.
Katainen is taking part in the informal meeting of EU defence ministers being held in Tallinn on Thursday and Friday.