Can Europe stand without the US?
The Indicator from Planet Money
Europe's Defense Spending Surge and Its Economic Implications
This chapter examines the 11.7% increase in defense spending across Europe for 2024 and the EU's ambitious $866 billion military production plan over four years. It discusses the potential economic benefits, such as job creation and revitalization of manufacturing, while also addressing the financial challenges and the need for a unified defense strategy.
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