European nations are dramatically increasing their defense spending in response to the ongoing war in Ukraine and rising threats from Russia and China. NATO members have pledged to spend up to 5% of GDP on defense, aiming to reduce reliance on the United States and bolster their own military capabilities. This shift marks a significant transformation in European security policy, with debates over whether the continent can afford such a spending spree and if it will be enough to deter future aggression. The increased budgets are also fueling growth in the European defense industry and raising questions about strategic unity and long-term sustainability. As Europe re-arms, leaders warn that the coming years—especially 2027—could be critical for the continent’s security.
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