Arms sales to European countries have fallen by over 20 percent since the financial crisis, according to a report released on Monday (18 March).
An annual survey by the Stockholm International Peace Research Institute (SIPRI), a Swedish think-tank, indicates that European countries are being outstripped by Asia on the military front.
Overall, international transfers of major conventional arms grew by 17 percent between 2003-2007 and 2008-2012, with Asia and Oceania taking 47 perc...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.