Europe Unlocks Defense Funding In Face Of Russian Aggression

Swedish Air Force Saab Gripens and Royal Danish Air Force F-16
Denmark and Sweden, represented here by Swedish Air Force Saab Gripens (foreground) and Danish Air Force F-16s, have pledged to raise defense spending to 2% of GDP.
Credit: Danish Ministry of Defense
European governments have embarked on dramatic increases in expenditures in response to Russia’s invasion of Ukraine. Fears of reduced defense spending after the COVID-19 pandemic appear to have largely evaporated, as nations pledge to accelerate plans to reach or exceed NATO’s defense spending...

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