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 Romania to modernize military and increase defense budget due to Russian aggression threat, - VICE News

Fear of Russian aggression, worries about older weaponry and equipment, and a not-completely-altruistic desire to protect neighboring Moldova force Bucharest to increasing its defense spending over the next decade.

This is announced by Censor.NET citing VICE News.

A document recently obtained by the Romanian news site Profit.ro reveals that the government is planning to use a national emergency procedure that will allocate more state funds to domestic defense companies.

Read more: Russia examines Pentagon's proposal to coordinate Syria strikes with US, - AFP

The document argues that the country's lack of investment in its defense industry "could significantly injure the basic interests and security of the Romanian state." This is the same style of rhetoric used in spring 2014, when Romania canceled the debt of 15 defense companies to keep them out of bankruptcy.

In order to safeguard itself against nearby political instabilities and the threat of Russian aggression, the country's parliamentary parties signed an agreement earlier this year to boost Romanian defense spending to two percent of its GDP by 2017 and maintain that percentage for the following decade. This was the first time since the fall of communism that Romanian parties came to an agreement on a defense issue.

"In short, Romania wants to be ready should Russia attempt to repeat its shenanigans in Ukraine and Crimea on Romanian territory, in Moldova, or in Transnistria," VICE News reported.


 
 
 
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