
The Sound of Economics
NATO and the EU - who does what for European defence?
May 8, 2024
Former NATO Spokesperson, Oana Lungescu, discusses the cooperation between NATO and the EU in supporting Ukraine post-Russia invasion. Topics include joint defense strategies, financing for Ukraine, and the impacts of Brexit on defense alliances.
42:42
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Quick takeaways
- NATO focuses on collective defense with 32 allies, while EU emphasizes military equipment purchases for readiness and capabilities.
- EU countries in NATO contribute only 20% of defense spending, requiring efforts to meet 2% GDP investment commitment for defense annually.
Deep dives
Overview of NATO and EU Relationship
NATO, a transatlantic alliance, was founded post-World War II and emphasizes collective defense with a promise that an attack on one ally is an attack on all. Currently with 32 allies, 23 are common with the EU. NATO covers 96% of the EU population, but EU countries in NATO contribute only 20% of defense spending.
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