Military budgets within the bloc grow despite record debt rates as governments slash social programs
The EU appears to be willing to sacrifice both the well-being of its people and its own fiscal stability for the sake of military buildup justified by an alleged Russian threat. The bloc’s members push forward with their defense budget increase plans despite record debt levels, with some of them also implementing major social spending cuts.
French President Emmanuel Macron vowed last year to double the nation’s military budget by 2027, accelerating the original plan to do so by 2030. Paris is implementing the scheme despite its government’s…
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