How will Europe pay for its new weapons?
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Europe's Defense Spending Dilemmas
This chapter explores the complexities of Europe's defense spending amidst geopolitical pressures, emphasizing the need for political support and logistical changes. It highlights market responses to potential borrowing for defense, the euro's role as a global currency alternative, and the challenges of integrating financial systems. The discussion also touches on the difficulties of ramping up defense production while managing national debt and fostering innovation in the European economic landscape.
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