Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-14-Speech-3-265-492"
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"en.20111214.22.3-265-492"2
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"I voted in favour of this resolution on the impact of the financial crisis on the defence sector in the EU Member States. The Member States collectively spend about EUR 200 billion a year on defence. The spending of most of these funds in the Member States is based on uncoordinated national defence planning decisions, which results not only in persistent capability gaps, but frequently also in wasteful overcapacities and duplications, as well as fragmented industry and markets. In recent times, there have been cuts to the defence budgets of the majority of EU Member States in the wake of the financial, economic and debt crisis. This may have a negative impact on Member States’ military capabilities and on the ability of the EU to fulfil its obligations as regards peacekeeping, conflict prevention and the strengthening of international security. I welcome Parliament’s position that the Member States must seek to compensate for the negative impact of the financial crisis on the defence sector in the EU Member States through increased European cooperation and coordination. Uncoordinated defence budget cuts could result in the complete loss of certain military capabilities in Europe. The Member States should therefore exchange information effectively and enhance transparency on current and forthcoming defence budget cuts. We also need to take advantage of potential economies of scale provided by collaborative projects."@en1
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