Military spending soared in Central Europe last year as the region responded to the growing threat from Russia by beefing up their defense budgets by 13 percent from 2014, according to a report by Swedish think tank Stockholm International Peace Research Institute.
The pace of rearmament in Central Europe is significantly faster than in Western Europe, where defense budgets fell by 1.3 percent. The EU’s biggest total defense spending continues to be in the U.K., France and Germany, and all three have announced modest spending increases for the next years.
Central European countries closest to the Russian-Ukraine conflict boosted spending the most. …read more
Source: POLITICO – Europe Edition
