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EU needs military tech investments to stay ahead - EU official

Reuters  |  PARIS 

By Andrea ShalalPARIS (Reuters) - Europe must invest in new military technologies to stay ahead of increasing threats and respond to "a new world" in which it cannot rely solely on the United States, the EU's Economic and Financial Affairs Commissioner Pierre Moscovici said.Moscovici said European countries were more conscious about the need to increase military spending and cooperation given growing threats, Britain's decision to leave the EU and a U.S. push to have NATO allies spend more on their own defences."Everyone understands that now is the time for us to take our fate in our own ...

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First Published: Mon, June 19 2017. 22:16 IST