Europe Needs to Spend $260 Billion to Defend Itself Without US Support: Study
- Europe needs to spend about $261.6 billion annually to defend itself against Russia without U.S. Support, according to a study released by the Bruegel Research Institute and the Kiel Institute for the World Economy.
- The report suggests Europe must deploy 300,000 additional soldiers and acquire numerous military assets, including tanks and drones, to enhance defense capabilities.
- The authors propose increasing European defense spending to 3.5-4% of GDP, indicating that half of this could be financed through common European debt.
- Guntram Wolff stated that such investment is economically feasible, despite being unpopular across Europe.
5 Articles
5 Articles
Europe Needs to Spend $260 Billion to Defend Itself Without US Support: Study
The European Union (EU) would need to spend about 250 billion euros ($261.6 billion) annually to defend itself against Russia without U.S. support, a study published on Feb. 21 found. The study’s authors from the Bruegel think tank in Belgium and the Kiel Institute for the World Economy in Germany said this would require spending the equivalent of 1.5 percent of the EU’s GDP to mobilize 300,000 more soldiers. The study said the EU would need 50 …
Without US support, Europe needs $239B annually, 300,000 more troops to defend itself against Russia: Report
'Russia could have the military strength to attack the EU states in the next three to ten years. We must classify this as a real danger,' says latest report - Anadolu Ajansı
Report: Europe could defend itself from Russia without US help This requires 300,000 soldiers and €250 billion a year
If Europe had to defend itself against Russia without US support, it would require significant defence investments of around €250 billion a year to effectively counter Russian military might. This is stated in an analysis by the Bruegel Research Institute in Brussels and the Kiel Institute for the World Economy. The authors of the report suggest that under the scenario of defense from Russia without the help of the United States, Europe will hav…
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