Ukraine crisis may speed defence buys, but budgets stay stuck


  • World
  • Thursday, 22 May 2014

BERLIN (Reuters) - The crisis in Ukraine may prompt governments, especially in eastern Europe, to move more quickly on defence procurement decisions - but western Europe is unlikely to loosen its restraint on spending, industry executives said on Wednesday.

With eastern European states nervous about Russia after it annexed Ukraine's Crimea region and massed 40,000 troops on Ukraine's borders, Poland already brought forward a planned decision on a new multi-billion-dollar missile defence system.

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