The EU Commission proposes astronomical 9,000 billion kronor for defence investments in Europe. The proposal poses a number of challenges, notes Per Olsson, researcher in defence economics at FOI.
BusinessEurope can gather sufficient funds to replace the USA's dwindling interest on the continent, according to experts. The great challenge lies rather in converting the support into military strength. The defence industry is already running at high gear – but with the right measures, we can catch up with Russia. It is possible to accelerate, says Kjell Engström at the Defence University.
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