EU sets new military spending record ...News

Russia Today - News
EU sets new military spending record
source : Russia Today ( News ) () 45
Despite the increase, the EU’s top diplomat warned that the bloc continues “to lag behind other players” in defense spending Military spending in the European Union increased by 6% to a record €240 billion ($261.4 billion) in 2022, according to figures published on Thursday by the European Defense Agency. Some 20 of the EU’s 28 member states increased their defense budgets last year, with six countries implementing hikes of more than 10%. Sweden – which applied to join NATO last July – led the pack with an increase of 30%, the tiny kingdom of Luxembourg followed at 28%, the vocally anti-Russia government of Lithua

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