As Europe Wakes to Defence Spending Shortfall, NATO Risks Losing US Investment

Posted: 03/13/2011
As Europe Wakes to Defence Spending Shortfall, NATO Risks Losing US Investment
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Behind today’s recession led military budget debates lies a fundamental truth that is exacerbating the pain of defence retrenchment. This is that much of Europe has been under-investing in defence for years, by failing to meet self-imposed targets for spending as a percentage of GDP. The agreed rate set between NATO allies is a relatively

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