Rising defence expenditure trends in the Balkans have drawn a lot of attention in recent years. Frequent announcements by local politicians about large military procurements have contributed to the impression of an “arms race” in the region.
Strong geopolitical currents buffeting the region due to the war in Ukraine, coupled with ever-present tensions and nationalist rhetoric in the region, keep the eye of the public on the defence sectors.
Given that defence is traditionally one of the highest spending but least transparent government sectors, the central question is how Balkan countries actually spend their budgets on defence.
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