http://en.wikipedia.org/wiki/Militar..._Member_States

The combined defence budgets of the 27 EU member states in 2008 amounted to €200.2 billion ($260.4 billion). This represents 1.63% of European Union GDP[2], second only to the US military's €477.4 billion ($620.5 billion) 2008 defence budget, which represents 4.5% of United States GDP. The EU figures include the spending for joint projects such as the Eurofighter and joint procurement of equipment.

You mean to tell me then the EU can not defend itself? I mean, Why do we have to fight all the wars and keep bases all around the world. Do the Europeans love their softy Pension benefits from the Government they can't defend themselves if the big ban Russian/Chinese/Arab come knocking?