Search This Blog

Saturday, June 12, 2010

Nato to make cutbacks amid budget crisis

NATOThe number of meetings held at Nato and the number of people employed by the body may be cut back amid dwindling defence budgets in member states, with the alliance now operating in the red, it emerged after a meeting of defence ministers in Brussels.

"All member states in Nato are faced with economic challenges. All governments are faced with budgetary constraints. So, they would expect the alliance to follow suit," Nato chief Anders Fogh Rasmussen said after a dinner with defence ministers on Thursday (10 June).

He tabled a series of budget-cutting proposals mainly aimed at trimming Nato's headquarters, military command structures and specialised agencies. The final decision will be taken in October by ministers meeting one month ahead of a Nato summit in Lisbon.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.