EU Urged to Bolster Its Air-Defense Gaps By Issuing Joint Debt
- Bruegel report notes Europe is vulnerable to Russian drones
- At least $100 billion needed to patch gaps, report concludes
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The European Union should consider issuing joint debt to fund significant air-defense investments to better protect its airspace from possible Russian strikes, according to a new report from the Brussels-based think tank Bruegel.
The issue of air defense has taken on new urgency in recent months after several Iranian-made drones launched from Russia violated EU airspace, including one that crashed in Latvia earlier this month.