European defence governance and financing

Lucian Nemoiu

In a context of shifting US commitments, external threats, and global competition over trade, technology, critical minerals, talent, and intellectual property, Europe’s lack of defence capabilities leaves it vulnerable to economic and foreign policy pressure. This column outlines key principles for establishing a European Future of Defence Architecture and a framework for its financing. Europe must urgently strengthen its defence capabilities to secure strategic autonomy. The absence of such

European defence governance and financing https://cepr.org/ - 20.11.2025 03:23

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European defence governance and financing https://cepr.org/ - 20.11.2025 03:23