Corvette collaboration – how Europe is pooling skills and funds in a time of need
Much of Romania’s naval fleet is elderly, with some missile corvettes dating back to the late 1980s, so the need for replacement is urgent. (Photo: Romanian Naval Forces)
When it comes to security, NATO tends to make the headlines more often than the EU. Yet since the war in Ukraine broke out, there has been a quiet but determined strengthening of purely European defence. And it starts with budgets.
Over the past decade several heads of state and experts questioned the existence of NATO. Current events would seem to offer irrefutable proof that the alliance is not a Cold War dinosaur, however.
European defence’s popularity has been on a similar rollercoaster ride. And though its rise has been a much quieter affair, it is noteworthy because it sheds light on a critical way of doing naval business on the old continent – financial burden-sharing.
Why do European countries need to collaborate on naval procurement?
What is new here is that several European countries are now stretching their navies across multiple
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