Towards Enhanced Security: Defense Expenditures in the Member States of the European Union
Volume 6, Issue 3 (2017), pp. 373–382
Pub. online: 31 March 2017
Type: Article
Open Access
Published
31 March 2017
31 March 2017
Abstract
Ensuring the defence of freedom, independence, sovereignty, territorial integrity, and population belongs to the main tasks of each state. Therefore, countries, in response to the current political, security and economic situation, must earmark, within the framework of their national budgets, a proportion of the available resources to ensure their defence. The aim of the article, based on current trends in the defence budgets of the European Union member states, is point out that not only the global economic and financial crisis and the credit and debt crisis in the euro area have a significant negative impact on the amount of resources, which individual European Union member states earmark to ensure their defence.