Macron: l’UE ha bisogno di “centinaia di miliardi” nella spesa per la difesa mentre gli Stati Uniti ruotano via
https://www.politico.eu/article/europe-needs-defense-investment-spending-hundreds-billions-emmanuel-macron/
di PrithvinathReddy
Macron: l’UE ha bisogno di “centinaia di miliardi” nella spesa per la difesa mentre gli Stati Uniti ruotano via
https://www.politico.eu/article/europe-needs-defense-investment-spending-hundreds-billions-emmanuel-macron/
di PrithvinathReddy
34 commenti
2.5 billion is about 2 weeks usage for Ukraine. So yes, they need a lot of money, and they better get it.
Nothing but opportunity here. We need out own defense and it needs to be funded by the EU. It’s about time we realized this. Obama told the EU and we still could not hear it.
money is worth nothing if you are not alive to spend it
either we have weapons and equipment to defend europe, or prepare to live under the tyranny of the kremlin
Please also kick the yanks out of their European bases. They’re a trojan horse at this stage.
We found the billions for Covid, we can find them for our defense.
Time for the ECB to print some €€€
It’s actually a pretty small amount of money overall if done intelligently.
Firstly, it’s hundreds of billions over quite a few years, not immediately, out of a total European GDP of around €18 trillion.
Secondly, the majority of it will involve efficient common defence procurement and limiting it to European weapons systems only. This will plough the money back into Europe’s industry and jobs instead of sending €100bn a year to the US to purchase their weapons. It also opens up major export opportunities for those new industries.
As a counter-example, Europe spent around €2-3 trillion dealing with Covid.
Make RuZZia pay for the problem it created. Take the frozen RuZZian money. Should be enough….
As long as it’s spent in Europe. Not a single euro should go outside of Europe.
Europe without Russia has around 600 million people, it Europe truly works together it makes no sense as to why we can’t do it.
We have 7 nations with a 1 or over 1 trillion economy to their name.
And 2 more economies that are approaching that over the trillion number, Poland and Switzerland
I’d be glad to subscribe EU defende bonds.
Frozen Russian assets that’s already 210 billion, now just a few hundred billion more.
Fine, just don’t spend it on US arms.
The replacement of US capabilities needs to come first.
A meaningful nuclear deterrent, airborne Reconnaissance, air defence, communication.
The deterrent alone will be so expensive that it overstretches the resources of most member States, a joined solution is needed.
Simple question, where’s money coming from?
Let’s do it, we have all the ingredients.
Europe has the money, Europe could easily invest a trillion a year.
It’s necessary. It will be painful, given our economy’s struggles in the upcoming trade war, but we don’t have a choice. As long as this money is spent in Europe, it can be an economic opportunity.
Don’t worry, I’ll pay for this round.
Do it already man!
European NATO members developing the successor to Eurofighter would be a good start.
Those F-35s look like a terrible idea now that the key player in them is about as reliable as a hungry 5 year old
He’s right.
He’s right.
Everyone goes to 5% and our combined budget would be like 1.2 trillion. Done.
I can chip in with three fiddy, guys!
Can’t wait to see what European elections look like as hundreds of billions in spending is diverted from social policy to military spending…
This will split the EU.
How much social spending and pensions are EU countries willing to cut to fund these hundreds of billions in defense spending?
Where are we going to find the money
Country,Defense Spending per Capita (USD)
United States,$2,490
Norway,$1,581
Finland,$1,304
United Kingdom,$951
Estonia,$860
France,$851
Germany,$805
Netherlands,$918
Canada,$728
Lithuania,$696
Greece,$709
Poland,$755
Latvia,$549
Italy,$532
Hungary,$520
Slovakia,$476
Czech Republic,$469
Romania,$446
Slovenia,$438
Croatia,$360
Spain,$400
Portugal,$400
Bulgaria,$275
Turkey,$181
North Macedonia,$161
Albania,$133
Montenegro,$205
Belgium,$603
Luxembourg,$905
Conveniently, we’ve got about 200 billion dollars in frozen Russian assets.
To be clear, I want the EU to be a massive power base and it’s own military industrial complex. But that comes with a cost, and I’m not just talking the trillions required to not only build it, but fund it for years. I’m talking about the opportunity cost. We need to do this, but we cannot do this and keep our society the way it is. Sacrifices will have to be made. Higher taxes. Less spending. Less aid overseas. Smaller government.
I have zero faith that the people of Europe will accept this. When the Ukraine war is over, Europe will get lax, and you’ll see people will demand less spending on military output.
The European people, in general, will not rise to the challenge
I know this is an absolute must, but isn’t it a shame that as a human race, we have to spend money making sure we don’t kill each other?
I’ll get down voted, but as an engineer, there’s no incentive to work in the defense industry in Europe compared to the US. Give competitive salaries to people and you will see the industry flourishing
America relies on wealthy countries to sustain it’s arms industry. Removing 50% of Europe’s orders would cripple them.
This will not end well, especially given the rise of fascism. It will take 10 to 15 years to see results from these investments, and whatever comes of them, combined with the rise of fascism, will likely not be good