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Europe Daily Bulletin No. 13304

1 December 2023
Contents Publication in full By article 20 / 40
SECURITY - DEFENCE / Defence
Inflated by acquisition of new equipment, spending reached record levels in 2022, according to EDA
Brussels, 30/11/2023 (Agence Europe)

On Thursday, 30 November, the European Defence Agency (EDA) announced in its annual report on defence data that European defence spending increased 6% in 2022, hitting a record €240 billion. This is the eighth consecutive year of growth, but spending should have reached €316 billion if all Member States had adhered to NATO’s guideline of 2% of GDP.

Of the 27 EU Member States, 20 increased their defence spending—6 of which did so by more than 10%. Sweden (+30.1%),...

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