EU countries outgunned on arms trade

Sales of arms and military services by the largest arms-producing companies - the SIPRI Top 100 - totalled $410 billion in 2011 according to new data on international arms production released today by Stockholm International Peace Research Institute (SIPRI).

According to the report arms sales to European countries have fallen by over 20 percent since the financial crisis.

SIPRI: Press Release, 18.03.13: SIPRI Top 100 arms sales decreased in 2011: companies pursue diverse strategies in response to austerity measures http://www.sipri.org/media/pressreleases/2013/AP_PR

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