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The Economist
The Economist
20 Mar 2025


NextImg:Europe needs to spend more on defence, not just pretend it is
Europe | Charlemagne

Europe needs to spend more on defence, not just pretend it is

There’s no such thing as a free tank

As the British government drew up its annual budget in 2015, the sums came out wrong in a troubling way. Cuts across departments meant that spending on defence would come out just shy of 2% of GDP for the first time since the 1930s. That wouldn’t do: only a year earlier Britain had hosted NATO leaders as they formally agreed on the 2% figure, in response to Russia’s first crack at invading Ukraine. A clever way was soon found to spare politicians’ blushes. A few billion pounds of spending that had not in previous years been included in the defence budget was discreetly shuffled into it, in what was politely dubbed a “revised accounting strategy” (also known as “shifting the goalposts”). With the stroke of a pliable accountant’s pen, Britain’s defence budget now included pension payments to war widows and defence-ministry staff, as well as some intelligence spending and contributions to far-flung UN peacekeeping missions. The tactic helped nudge the all-important figure back above the desired threshold.

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