BRUSSELS (Reuters) - European Union states spent nearly 200 billion euros ($225 billion) on defence in 2020, the most since records began in 2006, but joint investment by governments fell, the European Defence Agency (EDA) said in a report on Monday.
The EDA, an EU agency that helps the bloc's governments to develop their military capabilities, said the total spending of EU countries except for Denmark - which opts out of EU military projects - reached $198 billion, a 5% increase on 2019.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!