| Author (Person) | Scazzieri, Luigi, Tordoir, Sander |
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| Publisher | Centre for European Reform (CER) |
| Series Title | CER Policy Brief |
| Publication Date | November 2024 |
| Content Type | Research Paper |
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Summary: The proliferation of threats to European security forced European countries to increase their defence budgets. But filling long-standing gaps in military capabilities would take time, a sustained fiscal effort and better co-ordination of national military spending. Efforts to strengthen defence capabilities were largely national, but the EU was playing a growing role in some areas – such as fostering joint research. Constraints on national budgets were pushing European policy-makers to consider innovative ways to boost and co-ordinate defence spending. The notion of EU defence bonds was routinely touted by European leaders. |
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| Source Link |
Link to Main Source
https://www.cer.eu/publications/archive/policy-brief/2024/european-common-debt-defence-different
Alternative sources
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| Related Links |
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| Subject Categories | Security and Defence |
| International Organisations | European Union [EU] |
