The EU Council Expects 3-4% Rise in EU Defence Spending

BRUSSELS (BM) – The EU Council reported last week a rise in defense spending over the past two years. According to data for 2018, the increase in these expenses was 3.3 per cent, and this year is expected to reach 4.6 per cent, learned BulgarianMilitary.com, quoting Novinite.

The Council invites EU countries to continue working towards better match between defense systems, especially in the joint development of combat capabilities. There is a call for further efforts to enhance the deployment capabilities of the armed forces.

Read more: Germany is Ready to Raise Its Share of NATO’s Budget to €47.3 Billion This Year

It is reported that most of the joint European defense projects reflect NATO’s tasks. EU High Representative for Foreign Policy and Security Federica Mogherini referred to the development of civil infrastructure as the most visible project to interact with the alliance so far.

A year ago, the Pact recommended that EU-built infrastructure be adapted to the needs of the military.

Read more: U.S. Department of Defense Contracts for May 17, 2019

All EU countries without the UK, Denmark and Malta participate in the development of the Joint European Defense Capabilities.

Follow us everywhere and at any time. BulgarianMilitary.com has responsive design and you can open the page from any computer, mobile devices or web browsers. For more up-to-date news from us, follow our Reddit, LinkedIn, Twitter and Facebook pages. Do not miss the chance to subscribe to our newsletter.

>>Be a reporter: Write and send your article.<<

BulgarianMilitary.com
Efitorial team
Source: Novinite

Defence SpendingEUEuropean Investments