The true cost of the EU’s border security boom

Charlotte Gifford, World Finance, 21 January 2020 - In its next budget cycle, the EU plans to spend billions on border control. The biggest winner in this arrangement is the private border security industry, which plays a key role in shaping European migration policy. [...]

A 2019 report by the Transnational Institute has revealed that a small cohort of European arms companies profit handsomely from the huge growth in the EU’s border budgets. These large companies are increasingly influential in shaping EU policy and encouraging the bloc to boost security efforts, but migration experts warn that the heavy militarisation of Europe’s borders only puts already vulnerable migrants in greater peril. [...]