Europe's massive investment surge is essential for security and autonomy across the continent. This proposal strengthens the EU's defense industrial base by creating jobs, reducing dependency on external suppliers, and supporting Ukraine against Russian aggression. Europe is ready to take back control of its future at a moment of deep geopolitical uncertainty.
While sounding grandiose, the EU's proposed spending plan is a relatively modest sum when split between 27 nations over half a decade. Posturing over a belated defense increase is too little too late, and Europeans will continue to lack any faith in the political establishment to protect the continent while traditional Western values such as free speech erode from the inside out.