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Daily Briefing| January 05 2018

EU defence cooperation could make real progress

Oxford Analytica
Oxford Analytica
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Author & Article Information
Publisher: Oxford Analytica
Online ISSN: 2633-304X
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2018
Expert Briefings (2018)
https://doi.org/10.1108/OXAN-DB227860
Subject

EU defence cooperation.

Significance

The adoption by the European Council on December 11, 2017, of the Permanent Structured Cooperation (PESCO) mechanism marks a significant step towards a European defence union as proposed by the Commission. How well this and other EU defence cooperation initiatives are implemented in 2018 will be crucial for their ultimate success.

Impacts

The latest EU defence initiatives could incentivise new cooperation frameworks between member states.

New initiatives and funding mechanisms could help foster defence industry consolidation in Europe.

Europe could gradually expand its ability to operate more independently of NATO and the United States.

EU initiatives could complement NATO efforts by helping to counter hybrid warfare and in supporting military mobility across Europe.

Keywords: EU, EUR, France, Russia, United Kingdom, United States, Germany, economy, international relations, politics, defence, military, security, investment, policy
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2018
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