Europe’s Myopic Defense Cuts
All over Europe, defense expenditures are proving to be the easiest of targets as governments sim to slash their budget deficits. But if Europeans want their ambitions to be taken seriously - and not to alienate their US allies - they must accept that there are limits to how much military budgets can be cut.
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COPENHAGEN – All over Europe, budgets are being pared as a new age of austerity takes hold. Defense expenditures are proving to be the easiest of targets. Even Britain under the Tory David Cameron has joined the rush to slash defense spending.