12 January 2013
Sharing and pooling no excuse for European states to invest less in (collective) defense
The International Herald Tribune reports that because of the financial crisis and euro crisis, most member states of the North Atlantic Treaty Organization (NATO) and the European Union (EU) will most likely spend less on, and invest less in, defense. EU governments hesitate ‘to really improve Europe’s military technology sector or its security.’ Analysts say that Europe should take ‘more responsibility for its own security’ now the Obama administration’s security agenda focusses more on Asia.
Both NATO and the EU believe there is one way to deal with reducing resources: through smart defense or “pooling and sharing.” In practice, it would mean NATO and EU members, the majority of whom belong to each other’s organization, cooperating much more on defense.
Source: International Herald Tribune | How Much Are Americans Willing to Spend to Defend Europe?