Europe Is Boosting Military Spending. It’s Still Not Enough.
1 year, 1 month ago

Europe Is Boosting Military Spending. It’s Still Not Enough.

Live Mint  

BRUSSELS—With a war raging nearby and the threat that a second Trump administration could pull the U.S. out of NATO, Europe has ratcheted up military spending. But the target of European spending might figure into the debate: Almost two-thirds of the money European governments have pledged for military gear since Russia launched its full-scale invasion of Ukraine two years ago is directed at U.S. contractors, according to French think tank IRIS. Trump later increased U.S. pressure, saying at a NATO meeting in 2018 that if Europeans didn’t increase spending, “I’ll do my own thing"—which was widely interpreted as pulling the U.S. from NATO. President Biden, Stoltenberg and many European leaders attacked Trump’s threat as contrary to U.S. interests and endangering U.S. and allied troops.The Biden administration has pressed Europeans to spend more on defense. According to the EU’s European Defense Agency, joint procurement of equipment among its members in 2021—the most recent year for which data are available—accounted for roughly 20% of military acquisitions.

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History of this topic

Europe working on plan to replace US in NATO in five to 10 years: Report
1 week, 4 days ago

Europe working on plan to replace US in NATO in five to 10 years: Report

Al Jazeera  

NATO members seek to avoid possible chaos should the US declare its withdrawal from the transatlantic military bloc. Europe’s biggest military powers are drawing up plans to take on greater responsibilities for the continent’s defence from the United States, including a pitch to the administration of President Donald Trump, for a managed transfer over the next five to 10 years, …

EU does hasty reset of definition of defence spending
1 week, 4 days ago

EU does hasty reset of definition of defence spending

Hindustan Times  

* EU does hasty reset of definition of defence spending New definition needed as spending caps eased * 'Defence-relevant' items will qualify * But some countries want broader scope By Jan Strupczewski BRUSSELS, - When do state investments in arms factories, or the wages of tank crews and pilots not count as defence spending? On Thursday, EU leaders will study …

Why Europe and Canada are exploring alternatives to American-made fighter jets
1 week, 6 days ago

Why Europe and Canada are exploring alternatives to American-made fighter jets

India Today  

Questions are mounting in Canada and in Europe over whether big-ticket purchases of high-end U.S. weaponry, such as the F-35 Joint Strike Fighter, are still a wise strategic choice for Western countries worried about their investment in U.S. defense technology. “You’re not just buying an airplane, you’re buying a relationship with the United States,” said Winslow T. Wheeler, who spent …

A new hope for Europe’s ailing economies: the military
2 weeks, 3 days ago

A new hope for Europe’s ailing economies: the military

Live Mint  

A massive military buildup across Europe could achieve what governments have failed to do in years: jump-start a sluggish economy, seed new innovations and create new industries. Countries from the U.K. to Germany and Denmark have announced vast increases in military spending to counter Russia’s threats as the U.S. warns Europe not to take America’s protection for granted. The European …

US military equipment supplied to European Nato members jumps from 52% to 64%: Report
3 weeks ago

US military equipment supplied to European Nato members jumps from 52% to 64%: Report

Firstpost  

US supplied 52 per cent of European Nato members’ military equipment between 2015 and 2019, which rose to 64 per cent in the subsequent five-year period, according to a report, citing Sipri data Servicemen of the 44th Separate Mechanised Brigade of the Armed Forces of Ukraine fire a Leopard 1A5 tank during a training, amid Russia's attack on Ukraine, in …

US military equipment supplied to European Nato members jumps from 52% to 64%: Report
3 weeks ago

US military equipment supplied to European Nato members jumps from 52% to 64%: Report

Firstpost  

US supplied 52 per cent of European Nato members’ military equipment between 2015 and 2019, which rose to 64 per cent in the subsequent five-year period, according to a report, citing Sipri data Servicemen of the 44th Separate Mechanised Brigade of the Armed Forces of Ukraine fire a Leopard 1A5 tank during a training, amid Russia's attack on Ukraine, in …

US bolsters position as world’s top arms exporter
3 weeks ago

US bolsters position as world’s top arms exporter

Live Mint  

American defense companies have increased their dominance of the global arms trade, buoyed by European nations snapping up U.S. jet fighters and missiles. The Sipri data show how the U.S. arms industry has been the key beneficiary of rising European defense budgets in the wake of Russia’s invasion of Ukraine and as President Trump pushes the region to increase military …

EU leaders back new military spending plans at Ukraine summit
3 weeks, 4 days ago

EU leaders back new military spending plans at Ukraine summit

New Indian Express  

European Union leaders on Thursday committed to a massive step in defense cooperation following decades of hesitation, spurred by US President Donald Trump's repeated warnings that he would cut them adrift to face the threat of Russia without America's overwhelming military might. They also urged the European Commission, the EU's executive branch, to explore new ways to facilitate significant defense …

Germany, once a beacon of frugality, jolts Europe with planned spending splurge
3 weeks, 5 days ago

Germany, once a beacon of frugality, jolts Europe with planned spending splurge

Live Mint  

Few changes prompted by President Trump’s second term could be as consequential for Europe as Germany shedding fiscal prudence to turbocharge its military and retool its economy. From now on, Germany’s famously strict fiscal rules, Merz said, would no longer apply to military spending, paving the way for a rapid acceleration in the country’s rearmament. If approved, the fiscal U-turn …

How weapons production in Europe could help secure peace and prosperity
3 weeks, 5 days ago

How weapons production in Europe could help secure peace and prosperity

CNN  

London CNN — 2025 has not been kind to Europe so far. “Increased defense spending could significantly boost Europe’s economic growth and industrial base if outlays are targeted at high-tech, regionally made armaments,” the Kiel Institute, an economic think tank in Germany, said recently. Fabian Bimmer/AFP/Getty Images But even with imports, “it’s not necessarily a zero effect,” argued Ethan Ilzetzki, …

EU weighs $841bn ‘rearm’ Europe plan to counter possible US disengagement
4 weeks ago

EU weighs $841bn ‘rearm’ Europe plan to counter possible US disengagement

Al Jazeera  

European Commission President Ursula von der Leyen has proposed a five-part plan to mobilise some 800bn euros to beef up Europe’s defence and provide “immediate” military support to Ukraine after the United States suspended aid. “A new era is upon us,” the president said in a letter presenting the plan to 27 European Union leaders on Tuesday, two days before …

UK increases defence spending amid US pressure: Where do European nations stand?
1 month ago

UK increases defence spending amid US pressure: Where do European nations stand?

Firstpost  

Facing pressure from US President Donald Trump, British Prime Minister Keir Starmer declared that the defence spending would be hiked to 2.5 per cent of the GDP by 2027, an increase of 0.2 per cent. British Prime Minister Keir Starmer said he would increase annual defence spending to 2.5 per cent of gross domestic product by 2027. Standing up in …

Europe weighs options to boost defence spending
1 month ago

Europe weighs options to boost defence spending

Live Mint  

Europe will likely have to spend hundreds of billions of euros to prepare to defend itself militarily without U.S. help, and will also have to find ways to do that without spooking bond investors. Burilkov and Wolff calculate that it would cost around 250 billion euros annually to raise European defense spending to 3.5% of gross domestic product from around …

Report: Amount Europe needs to spend on military without US support
1 month, 1 week ago

Report: Amount Europe needs to spend on military without US support

Daily Mail  

The huge amount that Europe would need to spend to protect itself from Russia without support from the US has been revealed. The study estimates that the EU and its member states would need to increase defense spending by an extra €250 billion per year - raising total military expenditure from the current 2 percent of GDP to at least …

Which nations ARE pulling their weight in NATO... and who is relying on 'Uncle Sucker' to protect them? Graphic illustrates who is spending on military amid fears Trump could pull out of alliance
1 month, 2 weeks ago

Which nations ARE pulling their weight in NATO... and who is relying on 'Uncle Sucker' to protect them? Graphic illustrates who is spending on military amid fears Trump could pull out of alliance

Daily Mail  

Donald Trump's return to the White House has brought NATO spending back under scrutiny, with Washington's warning that Europe should be prepared to defend itself from Russian aggression refocusing minds in Brussels. A US Army M1A2 SEP V2 tank takes part in a training exercise with international allies in Germany earlier this month Danish soldiers are seen taking part in …

ANDREW NEIL: This is a watershed in Europe's history. For decades we have lavished billions on welfare and sent the bill for our defence to America - and Trump simply won't let that continue
1 month, 2 weeks ago

ANDREW NEIL: This is a watershed in Europe's history. For decades we have lavished billions on welfare and sent the bill for our defence to America - and Trump simply won't let that continue

Daily Mail  

President Macron will host an emergency summit of European leaders in Paris today in an attempt to marshal a united response to the defence and security crisis now engulfing Europe. US Vice President JD Vance stunned the Munich Security Conference by warning that various official attacks on free speech across Europe, including in Britain, undermined the US-European shared commitment to …

Which countries are the top military spenders and where does Europe rank?
1 month, 2 weeks ago

Which countries are the top military spenders and where does Europe rank?

Al Jazeera  

The US, the largest military spender in the world, allocates $880bn to its defence – more than the next eight countries combined. Monday’s meeting in the French capital follows the Munich Security Conference, which ended on Sunday, where US Vice President JD Vance reiterated Trump’s stance that Europe must increase its defence spending. Global military spending hit $2.44 trillion in …

The US thinks Europe isn’t pulling weight on Nato – but how much are countries spending on defence?
1 month, 2 weeks ago

The US thinks Europe isn’t pulling weight on Nato – but how much are countries spending on defence?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. While the majority of Nato allies were predicted to …

New report says Russia is better able to withstand heavy battlefield losses than Ukraine
1 month, 2 weeks ago

New report says Russia is better able to withstand heavy battlefield losses than Ukraine

Associated Press  

LONDON — Russia’s stockpiles of Cold War-era weapons and larger population have allowed it to withstand heavy battlefield losses in Ukraine as the West fails to provide Ukraine the aid needed to mount a counteroffensive, according to an annual review of the global military situation. “While Ukraine has proved its ability to resist Russia’s invasion in the air, land and …

NO NATO membership, NO return to pre-2014 borders and NO more relying on US: America's bombshell blow to Ukraine as Trump agrees to begin negotiations with Putin immediately
1 month, 2 weeks ago

NO NATO membership, NO return to pre-2014 borders and NO more relying on US: America's bombshell blow to Ukraine as Trump agrees to begin negotiations with Putin immediately

Daily Mail  

America will no longer front the lion's share of aid to Ukraine, the Trump administration said today in a devastating blow to Kyiv that will pile pressure on Europe to fill the void. Defense Secretary Pete Hegseth said that Washington will 'no longer tolerate an imbalanced relationship' with its allies, adding that 'Europe must provide the overwhelming share of future …

Eyeing Trump and Putin, EU, UK, NATO leaders talk defense
1 month, 4 weeks ago

Eyeing Trump and Putin, EU, UK, NATO leaders talk defense

Raw Story  

by Max DELANY EU leaders huddle Monday with Britain's prime minister and the head of NATO to discuss efforts to boost Europe's defenses faced with an aggressive Russia -- as Donald Trump demands America's allies spend much more. The gathering in Brussels is billed as a "triple first": the first time the European Union's 27 leaders meet since the U.S. …

EU leaders to huddle on defence against Russia and handling Trump
1 month, 4 weeks ago

EU leaders to huddle on defence against Russia and handling Trump

Hindustan Times  

* EU leaders to huddle on defence against Russia and handling Trump NATO's Rutte and UK's Starmer to join Brussels talks * Focus on transatlantic ties, boosting European defences * Europe under pressure to rely less on US for protection * Leaders to talk capabilities, cooperation and funding By Andrew Gray BRUSSELS, - European Union leaders gather on Monday to …

EU countries call for European Investment Bank to push into defence funding
2 months ago

EU countries call for European Investment Bank to push into defence funding

Live Mint  

By Jan Strupczewski BRUSSELS, Jan 31 - Nineteen European Union countries, including France and Germany, are calling for the European Investment Bank to boost lending for the defence industry as the 27-nation EU seeks ways to improve its military against a possible future Russian attack. The call in a joint letter comes before EU leaders' talks on Monday on the …

Europe Is Pouring Money Into Defense. Is It Enough?
2 months, 1 week ago

Europe Is Pouring Money Into Defense. Is It Enough?

New York Times  

Europe Is Pouring Money Into Defense. for European NATO members Denmark 1995 2022 Germany Finland France Portugal Lithuania Norway Spain Slovenia Belgium Netherlands Sweden Slovakia Italy Lithuania Czech Rep. Poland Estonia Greece Bulgaria Romania Latvia Hungary 40% of G.D.P. 50% 60% Denmark 1995 2022 Germany Finland France Portugal Lithuania Norway Spain Slovenia Belgium Netherlands Sweden Slovakia Italy Lithuania Czech Rep. …

Even as Trump bashes Nato, most members spend over 2% on defence — some more than US
2 months, 1 week ago

Even as Trump bashes Nato, most members spend over 2% on defence — some more than US

Firstpost  

Even as US President Donald Trump continues to trash Nato, most members are spending more than 2% of their economy on defence and some of them are spending even more than the United States US President Donald J Trump is shown on screens as he addresses via remote connection a plenary session in the Congress Hall, during the 55th annual …

Why meeting Trump’s military spending target could be tough for NATO’s lowest spender
2 months, 1 week ago

Why meeting Trump’s military spending target could be tough for NATO’s lowest spender

Associated Press  

MADRID — While Europe’s military heavyweights have already said that meeting President Donald Trump’s potential challenge to spend up to 5% of their economic output on security won’t be easy, it would be an especially tall order for Spain. “The truth is defense spending is not popular in European countries, whether it’s Spain or another European country,” said Nicolás Pascual …

EU needs to end its military dependency on the US and arm itself ‘to survive,’ says Tusk
2 months, 1 week ago

EU needs to end its military dependency on the US and arm itself ‘to survive,’ says Tusk

Associated Press  

BRUSSELS — The European Union cannot rely on the United States to defend it and must increase military spending and security preparedness to help Ukraine and deter Russia from targeting any more of its neighbors, top EU officials warned on Wednesday. Ask yourselves what we can do for our own security,” Polish Prime Minister Donald Tusk, whose country holds the …

EU needs to end its military dependency on the US and arm itself 'to survive,' says Tusk
2 months, 1 week ago

EU needs to end its military dependency on the US and arm itself 'to survive,' says Tusk

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ask yourselves what we can do for our own …

EU needs to end its military dependency on U.S. and arm itself ‘to survive,’ Polish prime minister says
2 months, 1 week ago

EU needs to end its military dependency on U.S. and arm itself ‘to survive,’ Polish prime minister says

LA Times  

The European Union cannot rely on the United States to defend it and must increase military spending and security preparedness to help Ukraine and deter Russia from targeting any more of its neighbors, top EU officials warned on Wednesday. Ask yourselves what we can do for our own security,” Polish Prime Minister Donald Tusk, whose country holds the EU presidency, …

UK foreign policy chief says Trump is right to urge higher military spending from NATO
Trending News
2 months, 3 weeks ago

UK foreign policy chief says Trump is right to urge higher military spending from NATO

Associated Press  

LONDON — Europe’s security “is on a knife-edge” and President-elect Donald Trump is right to say NATO member nations must increase military spending, Britain’s top diplomat said Thursday. Foreign Secretary David Lammy said that “the post-Cold War peace is well and truly over.” “Donald Trump and JD Vance are simply right when they say that Europe needs to do more …

Trump’s NATO vision spells trouble for the alliance
2 months, 3 weeks ago

Trump’s NATO vision spells trouble for the alliance

Live Mint  

President-elect Donald Trump’s latest demands of America’s NATO partners—that they cede territory to the U.S. and spend more on defense than Washington itself does—risk undermining allies’ confidence and potentially emboldening adversaries. Low defense spending by Canada and European members of NATO has long angered Trump, who during his first term threatened to withdraw from the alliance if outlays didn’t increase. …

Trump says NATO members should raise defense spending to 5% of GDP
2 months, 3 weeks ago

Trump says NATO members should raise defense spending to 5% of GDP

Raw Story  

Donald Trump on Tuesday pushed NATO members to boost their defense spending to five percent of GDP, underlining his long-standing claims that they are underpaying for US protection. The transatlantic alliance's 32 countries in 2023 set a minimum level for defense spending of two percent of gross domestic product, and Russia's war in Ukraine has jolted NATO to strengthen its …

Nato members should raise defence spending to 5% of GDP, says Trump
2 months, 3 weeks ago

Nato members should raise defence spending to 5% of GDP, says Trump

Firstpost  

Donald Trump on Tuesday pushed Nato members to boost their defence spending to 5 per cent of GDP, underlining his long-standing claims that they are underpaying for US protection Donald Trump on Tuesday pushed Nato members to boost their defence spending to 5 per cent of GDP, underlining his long-standing claims that they are underpaying for US protection. Why are …

Europe ‘will spend more’ on defence, Nato head suggests
3 months, 2 weeks ago

Europe ‘will spend more’ on defence, Nato head suggests

Live Mint  

- Europe “will spend more” on defence, the head of Nato has suggested, after he warned that “it is time to shift to a wartime mindset”. Mark Rutte, the organisation’s secretary general, told the BBC that US president-elect Donald Trump was “right” that there should be more spending on defence. Speaking to the BBC on Thursday, Mr Rutte said: “My …

Europe ‘will spend more’ on defence, Nato head suggests
3 months, 2 weeks ago

Europe ‘will spend more’ on defence, Nato head suggests

Live Mint  

- Europe “will spend more” on defence, the head of Nato has suggested, after he warned that “it is time to shift to a wartime mindset”. Mark Rutte, the organisation’s secretary general, told the BBC that US president-elect Donald Trump was “right” that there should be more spending on defence. Speaking to the BBC on Thursday, Mr Rutte said: “My …

‘Shift to wartime mindset’: Nato chief calls for budget boost as Putin eyes ‘long-term confrontation'
Trending News
3 months, 2 weeks ago

‘Shift to wartime mindset’: Nato chief calls for budget boost as Putin eyes ‘long-term confrontation'

Firstpost  

European members of the North Atlantic Treaty Organisation are holding meetings to pitch an increase in the bloc’s target to 3 per cent at its annual summit next June North Atlantic Treaty Organisation chief Mark Rutte has called for raising defence budget by respective member nations. Rutte has said that the alliance’s defence spending needs to be much bigger than …

NATO chief warns that Putin wants long-term confrontation with Europe after Ukraine
3 months, 2 weeks ago

NATO chief warns that Putin wants long-term confrontation with Europe after Ukraine

Associated Press  

BRUSSELS — NATO Secretary General Mark Rutte warned on Thursday that Russian President Vladimir Putin wants to “wipe Ukraine off the map” and could come after other parts of Europe next, as he urged Europeans to press their governments to ramp up defense spending. Rutte noted that defense spending has risen sharply in Europe, with 23 allies expected to reach …

Trump says will 'absolutely' consider pulling US out of Nato if...
3 months, 3 weeks ago

Trump says will 'absolutely' consider pulling US out of Nato if...

Firstpost  

Trump’s reference to fairness pertains to the commitment made by Nato members to allocate at least 2 per cent of their Gross Domestic Product to defence spending US President-elect Donald Trump has threatened to pull US out of Nato often. Nato members’ defence spending under scanner Trump’s reference to fairness pertains to the commitment made by Nato members to allocate …

David Lammy urges EU allies to bolster defence spending ahead of Trump return
3 months, 3 weeks ago

David Lammy urges EU allies to bolster defence spending ahead of Trump return

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy David Lammy urged European Nato members to ramp up defence spending …

NATO chief urges European allies to ramp up defense spending as Trump returns to White House
3 months, 3 weeks ago

NATO chief urges European allies to ramp up defense spending as Trump returns to White House

Associated Press  

BRUSSELS — NATO Secretary-General Mark Rutte led a fresh push Wednesday for European countries to ramp up defense spending, a budget shortfall that President-elect Donald Trump used to berate U.S. allies during his first term in office, severely damaging trust. After Russia annexed Ukraine’s Crimean Peninsula a decade ago, NATO leaders agreed to halt the defense cuts that began when …

NATO chief urges increased defence spending as Trump presidency looms
3 months, 4 weeks ago

NATO chief urges increased defence spending as Trump presidency looms

Al Jazeera  

Mark Rutte says to maintain current level of deterrence, 2 percent of GDP spending is not sufficient. NATO Secretary-General Mark Rutte has urged members of the alliance to ramp up defence spending as countries brace for renewed pressure from United States President-elect Donald Trump. After Russia annexed Ukraine’s Crimean Peninsula a decade ago, NATO leaders agreed to halt the defence …

European countries are spending more on defense, a think tank says
4 months, 3 weeks ago

European countries are spending more on defense, a think tank says

Associated Press  

PRAGUE — European nations boosted their defenses in response to the annexation of the Crimea Peninsula in 2014 and Russia’s full-scale invasion of Ukraine in 2022, a London-based think tank said Friday, but much remains to be done for them to be ready to face threats from Russia. “NATO has not just significantly increased its ambitions regarding its deterrence and …

The EU buys too much defense equipment abroad, especially from the US, a major report says
6 months, 3 weeks ago

The EU buys too much defense equipment abroad, especially from the US, a major report says

Associated Press  

BRUSSELS — European Union countries are buying too much of their defense equipment abroad, almost two thirds of it in the United States, and failing to invest enough in joint military projects, a landmark report on EU competitiveness warned on Monday. The 27 member states are also failing to make best use of Europe’s research and development capacities to modernize …

How countries rank by military spending
7 months ago

How countries rank by military spending

Live Mint  

TO ASSESS THE state of international affairs, a good rule of thumb is to follow the flow of money or weapons. Some of the biggest increases came from America’s NATO allies in Europe after a long period of low spending. This makes defence budgets comparable with America’s: pay is adjusted for wage differences and operating costs for general price levels. …

How much is each NATO country spending on its military in 2024?
8 months, 3 weeks ago

How much is each NATO country spending on its military in 2024?

Al Jazeera  

The 32 members of the world’s most powerful military alliance will spend $1.47 trillion this year. On Wednesday, the world’s most powerful military alliance formally declared Ukraine was on an “irreversible” path to NATO membership and pledged to provide Kyiv with at least $43bn in military aid. In 2006, the alliance’s defence ministers agreed to commit a minimum of 2 …

Labour aims to make Britain the leading European nation in Nato – but will Donald Trump care?
8 months, 3 weeks ago

Labour aims to make Britain the leading European nation in Nato – but will Donald Trump care?

The Independent  

Sunak pledge now comes with the Starmer guarantee of delivery” is how new defence secretary John Healey describes the key deal at this summit, painting Britain as the leading European nation in Nato as questions are raised about future US support for the alliance. Donald Trump’s brooding presence looms over Nato’s 75th anniversary meeting in Washington, with his possible return …

Germany becomes NATO's 2nd-largest defense spender
9 months, 1 week ago

Germany becomes NATO's 2nd-largest defense spender

China Daily  

By JULIAN SHEA in London | China Daily Global | Updated: 2024-06-21 09:14 The flag of NATO. Newly published figures show that Germany is the second-largest spender on defense among the 32 member states of the NATO military alliance. This year, defense expenditure in Germany is set to reach $97.7 billion, surpassing the $82.1 billion spent by the United Kingdom, …

A record number of NATO allies are hitting their defense spending target during war in Ukraine
9 months, 2 weeks ago

A record number of NATO allies are hitting their defense spending target during war in Ukraine

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A record more than 20 …

Netherlands pushing billions into NATO defense spending standard, Ukraine support
11 months, 2 weeks ago

Netherlands pushing billions into NATO defense spending standard, Ukraine support

NL Times  

The outgoing Dutch government is pushing billions into upping its Defense spending to meet the NATO standard and more support for Ukraine, sources close to the government told RTL Nieuws. This year, Ukraine will get an additional 400 million euros in military support from the Netherlands, according to the broadcaster’s sources. The government also set aside 1.5 billion euros to …

EU to boost defence industry in a bid to move away from US dependency
1 year ago

EU to boost defence industry in a bid to move away from US dependency

The Hindu  

The European Union on March 5 outlined ambitious plans to boost its defence industry as it responds to the threat posed by Russia’s war on Ukraine and seeks to wean member nations off an over-dependence on the U.S. defence industry. Strategic independence In the first 16 months since the February 2022 start of the Ukraine war, “member states spent more …

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