BERLIN, June 24 (Reuters) – The European Investment Bank (EIB) intends to ramp up its investments in European defence such as drones, satellites and cyber security, aiming to inject a further 6 billion euros ($6.4 billion) into the sector, its head told Reuters.

The plan underscores an increasing willingness in Europe to lend to defence companies after Russia’s invasion of Ukraine changed an entrenched view that the region was safe from attack and could rely on the United States for protection.