Amid economic slowdown, EU military spending hits record high of 240bn euros
The figure was disclosed in the latest European Defense Agency (EDA) report released on Thursday.
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The figure was disclosed in the latest European Defense Agency (EDA) report released on Thursday.
Despite conditions in which the Dow Jones Industrial Average has fallen by 10% for the year as a whole, the share prices of US defense contractors have surged.
Danish voters are going to the polls on June 1 in a referendum to decide whether to scrap their country’s 30-year-old opt-out from the European Union's common defense policy.
European Union leaders are meeting for the first time since the messy Western troop withdrawal from Afghanistan and France's loss of a multi-billion dollar submarine deal with Australia, events that they argue have exposed Europe's need for more autonomy on defense.