Europe’s Era of Austerity, Defense Continues to Fade Into the Background
Confronted by sclerotic economies and sovereign debt concerns, defense spending remains largely a tertiary concern across much of Europe, according ...
Tag: Austerity
Austerity Measures to Delay Soldier Modernisation Efforts
Many soldier modernization programs have been delayed or reduced in scope due to budgetary pressures and technology issues. Despite such ...
Euro punished after France, Greece elections
The euro sank in value on Monday as the electoral defeat of ruling parties in France and Greece stoked anxiety ...
Austerity endangers Europe’s military ambitions
Years of austerity are stifling Europe's defence ambitions: anti-piracy warships are lacking off Somalia, riot police are stretched in Kosovo ...
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