17min chapter

The Sound of Economics cover image

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

The Sound of Economics

CHAPTER

EU Defense Spending and Support for Ukraine

Exploring the differences in defense budgets and support for Ukraine in the EU amidst the war in Ukraine, focusing on funding mechanisms like the European peace facility for weaponry procurement. The chapter emphasizes the challenges of underestimating the Russian threat, debates on collective EU defense funding, and addresses disparities in member states' contributions towards supporting Ukraine. Discussions also include the impact of Germany's reluctance in jointly borrowing for European Union aid to Ukraine, and the need for fair burden-sharing based on GDP proportions for sustainable aid and deterrence against Russia.

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