The European Union's push to rearm in the face of growing external threats and the increasing disengagement of the United States has, so far, been primarily a push to spend more on defence and to find ways to facilitate that spending. This has led Germany, for example, to break with its budgetary balance dogma, while the European Commission has decided to exclude national defence spending from European Union fiscal rules.

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19 March 2025

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Bruegel

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https://www.bruegel.org/first-glance/pitfalls-avoid-eu-ramps-defence-investment

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