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

The relationship between the European Union and the North Atlantic Treaty Organization is at the heart of efforts to help Ukraine after Russia's 2022 invasion. How do the alliances work together and how can further cooperation help?
 
In this episode of The Sound of Economics, Rebecca Christie speaks with Oana Lungescu, who served as the longest serving NATO (the North Atlantic Treaty Organization) Spokesperson and is now a Distinguished Fellow at the Royal United Services Institute, and Guntram B. Wolff, Senior fellow at Bruegel,  to discuss NATO and the EU. How do they each contribute to Europe’s defence strategy? Where do they overlap and not? How will they work together to find the necessary financing to help Ukraine and coordinate defence procurement in the future? They also discuss the role of NATO members who are not part of the EU such as Türkiye, the United Kingdom and the United States under the current political climate.