tiny lemmy 

*Permanently Deleted*

c/europe · u/zaxvenz@lemm.ee · 28 points


Comments

u/lena@gregtech.eu · 8 points

Omg yes, finally. We *need* to invest more in defense, pacifism won't work. If we don't defend ourselves or delay it for too long we will get wrecked by Russia and other global forces.

u/Hotznplotzn@lemmy.sdf.org · 4 points

EU defence in numbers

TLDR:

  • Between 2021 and 2024, EU member states’ total defence expenditure rose by more than 30%. In 2024, it reached an estimated €326 billion - about 1.9% of EU GDP
  • Total spending on defence research and development, which includes any payments up to the point where expenditure on production of items starts, reached €11 billion in 2023 (6% more than in 2022) and €13 billion in 2024
  • Enhanced cooperation on defence investments is crucial. The European Union has allocated €16.4 billion (in current prices) to security- and defence-related activities under the multiannual financial framework (MFF) 2021-2027. The funds help support research and development, enhance military mobility, ramp up industrial production capacity and promote joint procurement.
  • In 2023, the European defence industry generated a turnover of €158.8 billion, a 16.9% increase from the previous year. This resulted in a substantial increase in employment in 2023, with the total number of jobs reaching 581 000. This was an 8.9% increase compared to the previous year.