High prices can have consequences for safety – Latest news – news

16 September 2023 at 18:24 Nato summit: High prices may have consequences for security Nato summit Admiral Rob Bauer warns of rising prices for defense material, and that it may have consequences for Nato’s ability to defend itself. – Across the entire NATO alliance, we are lagging behind in the capacity to produce defense material. The prices of military equipment and ammunition are rising. Right now we are paying more and more for exactly the same thing, says Bauer at a press conference in Oslo on Saturday afternoon. – This means that we cannot ensure that increased spending on defense leads to more security. The defense chiefs in Nato are meeting this weekend in Oslo. Norway’s Chief of Defense Eirik Kristoffersen is hosting the meeting. Earlier Saturday, Bauer and Kristoffersen met the press ahead of the meeting.



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