Europe needs to spend more on defence, not just pretend to
1 week, 4 days ago

Europe needs to spend more on defence, not just pretend to

The Economist  

A s the British government drew up its annual budget in 2015, the sums came out wrong in a troubling way. Cuts across departments meant that spending on defence would come out just shy of 2% of GDP for the first time since the 1930s. That wouldn’t do: only a year earlier Britain had hosted NATO leaders as they formally agreed on the 2% figure, in response to Russia’s first crack at invading Ukraine. A few billion pounds of spending that had not in previous years been included in the defence budget was discreetly shuffled into it, in what was politely dubbed a “revised accounting strategy”. With the stroke of a pliable accountant’s pen, Britain’s defence budget now included pension payments to war widows and defence-ministry staff, as well as some intelligence spending and contributions to far-flung UN peacekeeping missions.

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