Photo Gallery: Europe's Inefficient Defense Industry
Foto: © Tobias Schwarz / Reuters/ REUTERS
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Photo Gallery: Europe's Inefficient Defense Industry

Self Defense Protectionism Rules in EU Arms Industry

German Chancellor Angela Merkel loves to preach economic prudence to her European Union partners. But she looks the other way when it comes to the bloc's wasteful defense policy, and Europe's citizens are footing the bill -- to the tune of at least €26 billion a year.
Translated from the German by Christopher Sultan
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