World


US no longer ready to be a security umbrella for Europe: Report

Washington, Sep 9 (UNI) The US is no longer ready to be a "security umbrella" for Europe, and the EU is unable to defend itself yet, the report on Future of European Competitiveness said on Monday.
"At the same time, US strategic doctrine is shifting away from Europe and towards the Pacific Rim – for example in the format of AUKUS (Australia, the UK, and the US) – driven by the perceived threat of China. As a result, a growing demand for defence capability is being met by a shrinking supply – a gap which Europe itself must fill," the report said.
The EU countries in 2022-2023 made 78% of defence purchases abroad, the report said.
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