I don’t think they even need a majority. What choice do EADS and Saab have ?
They don’t have a domestic market, and if they want to stay in buiseness they have to look elsewhere.
(See EADS and their new offices in Bangalore).
So, buy a large share, get them involved in MCA (or whatever this thing is called by now), absorb technology, throw away. Or even better, use this company to sell MCA in Europe.

I’m sorry to say this but I think the Indians are doing it wrong.
One major goal of the MMRCA is to get access to modern technology. Another goal is to get a somewhat economical multirole fighter in service yesterday.
They could just take over Saab or get a majority share in EADS now that those companies are that cheap to buy.
For the immediate needs M2K’s from UAE and Qatar could be an solution.
This would at least keep the number of different aircraft types at a reasonable level.

I don’t think there will be a next generation aircraft made in Europe. Some UAV’s and F-35, that’s it.

Would it really be that much of a problem to convert the Tiffy into an STOBAR aircraft ? Sure, not the same weapon load as CATOBAR, but way easier to develop. Saves tonnes of money the UK could invest in it’s UCAV programmes.
Oh, and regarding T-50 vs. Tiffy. Well, roughly the same published numbers for clean aircraft, but the T-50 has those internal weapon bays that maybe handy for RCS figures of fully equipped aircraft. :p

Just read that a certain mister Fox ist talking about pulling out of Afganistan.
There are your savings. :p

How realistic is it to talk about new fighters while we are in the middle of an economic crisis ?
And regarding Typhoons as some kind of “favour” to Germany. I don’t think this is necessary. Greece bought tons of German equipment during the last decade.
I personally hope Greece will get a good deal with France, getting Rafales for all M2K’s.
This way at least all those stockpiled French weapons could be put to good use.
*Disclaimer* I’m not exactly a fan of the French fighter, but it would imho make most sense from a logistics point of view.

Considering ABM defense: That is pretty much the best way to spend money on armed forces to actually increase security for Europe.
Issue is: the US ABM stuff is designed to intercept stuff heading towards the other side of the atlantic, and does nothing for the country they are deployed in.
So, I would prefer sea based systems that can be deployed to the black sea in times of tension.

C-17. They’re about as comperable as the 767 and A330. 😉

At least there are C-17’s operated in Europe, and certainly more to come.
But to be honest, I don’t think the C-17 fit’s the bill, at least for Germany.
Too expensive for transporting smaller stuff, and issues with the internal volume to transport our CH-53’s.
I would prefer C-130’s + an European C-5M or An-124 pool + some A-330MRTT/Pax for a better roundet mixed fleet.