Security and defence are central to Europe’s capacity to prosper. As part of Ibec’s campaign, Making a Resilient, Competitive EU a Reality, this paper positions security within a broader framework of resilience—the essential foundation for long-term competitiveness.
The paper argues that the ability to protect, adapt, and innovate has become an economic imperative. To attract investment and stimulate growth, the Irish Presidency must guide Europe toward policies that reduce systemic risk while maintaining openness to international cooperation. A resilient Europe is a competitive Europe.
Key recommendations from the report include:
- Unlock Investment: Address constraints on access to capital to unlock private investment for defence and dual-use innovation, scaling Europe’s capabilities.
- Protect Critical Infrastructure: Prioritise the protection and modernisation of critical assets, including transatlantic subsea cables, energy grids, and transport systems.
- Boost Industrial Capacity: Ensure robust supply-chain and industrial capacity to handle future shocks, viewing preparedness as a material issue for business performance.
- Bridge Security and Innovation: Treat dual-use technologies and cybersecurity as the vital intersections where European competitiveness and security meet.
- Leverage R&D Opportunities: Ensure Ireland plays an active role in shaping a European approach to resilience, using cross-border R&D and increased defence spending to drive high-value job creation.