| ID | 130148 |
| Title Proper | Romanian aviation and defence industry |
| Language | ENG |
| Author | Kogan, Eugene |
| Publication | 2013. |
| Summary / Abstract (Note) | In Romania, the MoND was allocated RON8.08 billion (U$2.18 billion) or 1.3% of GDP in 2013, a slight increase over the 2012 defence budget that was RON7.34 billion. Still, the current defence budget is lower than the 2% target set by NATO, which Romania joined in 2004. On the other hand, the defence budget has stayed at 0.8% of GDP since the beginning of the financial crisis in 2008. |
| `In' analytical Note | Military Technology Vol.37, No.9: September 2013: p.133-134 |
| Journal Source | Military Technology Vol.37, No.9: September 2013: p.133-134 |
| Key Words | Romania ; Aviation Industry - Romania ; Defence Industry - Romania ; Defence Budget ; NATO ; Europe ; Financial Crisis ; European Economic Crisis - EEC |