The Debt Crisis May Prompt More European Defense Cooperation

Author(s): Daniel Möckli
Journal Title: LSE European Politics and Policy blog
Publisher(s): The London School of Economics and Political Science
Publication Year: 2012

The European debt crisis is forcing governments to cut their budgets. The author argues that the net effect of this crisis will be a strategic weakening of Europe. But he also points out that the current age of austerity may turn into an opportunity for more defense cooperation in Europe. Governments are beginning to implement smart defense strategies; the pooling and sharing of their military capabilities.

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