This second of two essays on military spending and the EU crisis, explores the role of the European arms trade, corruption and the role of arms exporting countries in fuelling a debt crisis, and why these 'odious' debts need to be written off.
EUOBSERVER / COMMENT - Most Europeans have probably never heard of the European Defence Agency, which celebrates its fifth anniversary this month. Yet, this little known EU agency has slowly created a basis for the development of common military projects. While its achievements can certainly not be called spectacular, in the context of the problematic nature of European defence cooperation, the EDA has shown more potential than its predecessors.
Diverging national interests in the areas of procurement and defence industry policies still impede much of the agency's planned progress.
This paper examines the emergence of a European military space policy
in the context of an international contest to dominate the ‘high
ground’ of space. Raising concerns about the potential for an arms
race, the paper looks at the creeping militarisation of space, and the
increasing overlap between civilian and military space applications.