Skip to content Skip to footer

The short-term economic effects of the COVID-19 and the lockdown measures adopted across Europe in response to the pandemic are causing significant pressure for public spending. As national budgets and the EU’s long-term budget get revised, defence and security is expected to be one of the areas that will suffer the most from COVID-19.

In the aftermath of the 2008 global financial crisis, defence spending was heavily cut in Europe as priorities shifted towards economic recovery. The impact of the COVID-19 crisis is predicted to be much more serious, which will also necessarily mean revisions of defence spending.

Click Here to Read the Entire Policy Paper

 

 

 

This website uses cookies. By continuing to use this site, you accept our use of cookies.