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Global Rates, EM & Economics: Q&A on European defence spending and Ukraine

At Any Rate

CHAPTER

Strengthening Defense Budgets in the EU

This chapter explores the urgent need for increased defense spending in the European Union amidst rising geopolitical tensions and outlines the proposed target of 3% of GDP for member states. It analyses the complexities of funding strategies necessary to support these goals, including national and EU-level solutions, while considering the political and economic challenges faced by individual countries.

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