THE EUROPEAN UNION PROMOTES PEACE BUT MOVES TO THE WAR ECONOMY Cover Image

UNIUNEA EUROPEANĂ PROMOVEAZĂ PACEA DAR TRECE LA ECONOMIA DE RĂZBOI
THE EUROPEAN UNION PROMOTES PEACE BUT MOVES TO THE WAR ECONOMY

Author(s): Eugen Siteanu, Mircea Udrescu
Subject(s): Military history
Published by: Editura Academiei Oamenilor de Știință din România
Keywords: War; peace; Russian Federation; Ukraine; war economy;

Summary/Abstract: As a result of the war between Russia and Ukraine started by the Russian Federation in February 2022, the member states of the European Union began to develop strong defense industries that bring them substantial financial benefits. To help Ukraine with weapons and ammunition, on March 20, 2023, the European Union adopted a plan to use strategic reserves and help manufacturers to open new production lines. All over the world the budgets for armaments have increased, the largest expenditures in the field of defense are borne mainly by the USA, China, Russia,India and other states. The EU committed in March 2023 to supply Ukraine with one million artillery shells in violation of Article 41(2) of the EU Treaty.

  • Issue Year: 4/2023
  • Issue No: 73
  • Page Range: 38-53
  • Page Count: 16
  • Language: Romanian