Context: On Tuesday, the EU Council approved a €150 billion (US $170 billion) loan scheme to finance joint defense acquisitions.
Posted by After_Meringue_1582
Context: On Tuesday, the EU Council approved a €150 billion (US $170 billion) loan scheme to finance joint defense acquisitions.
Posted by After_Meringue_1582
10 comments
Annual revenue figures from [veridion.com](http://veridion.com); Custom illustration using Manim Community
It feels like this must include generic components since Ireland manufactures pharmaceuticals, medical devices and chips (mostly Intel’s fab in Leixlip) but has no actual arms manufacturing as far as I can tell.
My favourite EU countries. Norway and Switzerland!
Wow Switzerland and Norway joined EU? Good for them i guess.
Why isn’t the UK on there?
I certainly did not expect Sweden to be that low
Most of this goes to Arab countries.
It is sad that Poland spending 4% of GDP on military is not even on the list. We were too poor to have some fancy stuff like own military production at large scale let alone invent new technology. It is only now that we begin to catch up to places like Sweden, Spain, Netherlands. We now sell own heavy vehicles, RPGs and rifles. Tanks are still dream
Remember when the Polish PM said “500 million Europeans begging 300 million Americans to defend them from 140 million Russians.”??
People forget….
https://nypost.com/2025/03/03/opinion/europe-must-revive-patriotism-to-halt-decline-combat-putin/
Netherlands are surprisingly high.
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