December 6, 2010

Is Europe Cutting Away Its Military Clout?

Henry Chu, Los Angeles Times

AP Photo

Key U.S. allies say they must slash defense spending to rein in budget deficits that are spooking investors. Some experts fret that it's not just manpower and materiel being cut, but Europe's reach and ambition.

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TAGGED: Netherlands, Spain, NATO, North Atlantic Treaty Organization, France, Italy, Germany, UK, EU, Europe, European Union, Eurozone

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