Wrangling over finances delays European defence policy

Author (Person)
Series Title
Series Details 2.11.01, p10
Publication Date 02/11/2001
Content Type

Major feature. There is still much to be agreed over the financing of the European Security and Defence Policy. Belgium, which holds the Presidency of the European Union, wants to announce at the European Council Summit in Laeken in December 2001 that the ESDP will be operational so the need for agreement is urgent. However, few Member States have been willing to increase defence expenditure in order to fund the Rapid Reaction Force.

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