BRUSSELS - The European Union agreed Nov. 17 to set up a new defense agency next year to streamline and boost the bloc's military muscle, denying it will in any way compete with NATO despite some U.S. concerns.The agency, which will be headed by EU foreign policy chief Javier Solana, should be in place by next summer, said Italian Defense Minister Antonio Martino after the decision was agreed, coincidentally on the eve of a visit to Brussels by U.S. Secretary of State Colin Powell.Martino, whose country currently holds the EU presidency, pointed out that Europe's defense spending is current...
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