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Arming Europe. Military expenditures and their economic impact in Germany, Italy, and Spain
(2023)
  • Chiara Bonaiuti
  • Paolo Maranzano, University of Milano-Bicocca
  • Mario Pianta
  • Marco Stamegna
Abstract
European countries are on a road to militarisation. In the last ten years, military expenditures of NATO EU countries (according to NATO definitions and data) have increased by almost 50%, from €145 billion in 2014 to a budget forecast of €215 billion in 2023 (measured in constant 2015 prices). This total is greater than the annual GDP of a country such as Portugal. With the war in Ukraine, 2023 outlays are expected to increase by almost 10% in real terms over the previous year. NATO EU countries as a whole now spend 1.8% of GDP on their militaries, close to the 2% target set by the US and NATO. This report, commissioned by the three Greenpeace national offices in Germany, Italy and Spain, investigates the rise of military expenditures in Europe with a focus on these three countries. 
Publication Date
November, 2023
Publisher
Greenpeace
Citation Information
Chiara Bonaiuti, Paolo Maranzano, Mario Pianta and Marco Stamegna. Arming Europe. Military expenditures and their economic impact in Germany, Italy, and Spain. (2023)
Available at: http://works.bepress.com/mario_pianta/264/