Due to the COVID-19 pandemic, Europe is headed for a recession that will dwarf the economic downturn after the 2008 financial crisis. The impact on national defense sectors could be devastating. But as crisis and responses are still in the early stage, governments can still take measures to mitigate the effect on defense. To safeguard political and defense priorities, EU and NATO States need to act jointly and decisively.
DGAP Policy Brief No. 9. Published 9 April 2020 by the German Council on Foreign Relations (Deutsche Gesellschaft für Auswärtige Politik).
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