EU Member States spent €198 billion on defence in 2020, the highest amount since data started being collected in 2006, a report published on Monday 6 December by the European Defence Agency (EDA) reveals.
This represents a 5% increase compared to 2019 and the highest level ever recorded by the EDA since it began collecting data in 2006. This is the sixth consecutive year of growth. The amount spent represents 1.5% of the GDP of the 26 Member States (except Denmark) of the EDA.
According...