Viewpoint: European Defense Needs To Stand On Its Own
Tom Enders May 12, 2014
The U.S. has a defense budget of roughly $600 billion. In the EU, it’s around €190 billion ($264 billion) for a region with a higher gross domestic product. Overall, I would say European defense is in an appalling state. There have been a lot of declarations and initiatives since the end of the Cold...
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