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

At Any Rate

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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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