9min chapter

The Sound of Economics cover image

NATO and the EU - who does what for European defence?

The Sound of Economics

CHAPTER

NATO Funding and European Defense: Trends and Challenges

Exploring the dynamics of NATO funding, this chapter delves into the historical context of US contributions and the recent increase in European defense spending post the Russia-Ukraine conflict. Discussions revolve around the importance of modernizing defense capabilities, meeting the 2% defense spending target, and addressing economic challenges in boosting defense investments.

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