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Record EU defence spending masks failure to collaborate, report says

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Reuters

By Robin Emmott BRUSSELS (Reuters) – European Union states spent nearly 200 billion euros ($225 billion) on defence in 2020, the most since records began in 2006, but joint investment by governments fell, the European Defence Agency (EDA) said in a report on Monday. The EDA, an EU agency that helps the bloc’s governments to develop their military capabilities, said the total spending of EU countries except for Denmark – which opts out of EU military projects – reached $198 billion, a 5% increase on 2019. The defence expenditure amounted to 1.5% of the 26 EU states’ economic output, a welcome f…

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