The European Union is planning a significant military rearmament, driven by the changing geopolitical situation and the expansionist ambitions of Russia and the perceived distancing of the United States.
This plan involves a substantial financial commitment of €800 billion, with €150 billion allocated for joint procurement of military equipment through debt issuance, and another €650 billion coming from national budgets.
Spain, in particular, recently increased its defense spending, with an additional €2.084 billion allocated to the Ministry of Defence for high-tech weaponry.
The article mentions individuals and groups with vested interests in the arms buildup, creating a narrative of significant political and economic forces driving this expansion.
While the article does not detail who these groups are, it suggests that those groups are benefiting from this considerable increase in military spending.
This significant investment reflects a shift in European defense policy, emphasizing a need for enhanced military capabilities and collective security in response to the evolving global security environment.