Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-01-17-Speech-2-261"
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"en.20060117.21.2-261"2
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".
I understand that the sum total of defence budgets in the EU is in the order of EUR 169 billion, of which about EUR 82 billion is for procurement. Therefore, as the honourable Member implies in his question, any opening-up of the market in this area could lead to very substantial savings on the defence budget of many Member States, which would be much to the betterment of the public finances in all those Member States. So there is indeed considerable potential in this area.
On the other hand, if we are to open up this particular market even further, there must be cooperation among the Member States as to how to proceed. I wish to put these facts on this House’s record just to show the amount of money involved in this area."@en1
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