08 December 2021

Defence budgets surge across EU in 2020, but collaborative spending falters

by Brooks Tigner

Total collective defence spending across the 26 European Defence Agency (EDA) member states reached a record EUR198 billion (nearly USD223 billion) in 2020, a 5% rise compared with 2019 and the highest level since 2006, according to the agency's latest annual defence data survey released on 6 December. However, spending on joint defence procurement and research among the countries continues to decline.

Total collective defence spending across the 26 European Defence Agency (EDA) member states reached ...

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