Archive: https://archive.is/2025.03.08-050706/https://www.ft.com/content/76937db3-0b3b-44d4-9005-9709512acd53

A proposed €150bn injection into the EU’s defence industry has become a new flashpoint in a long-standing battle between France and Germany over the continent’s rearmament drive and whether it should include countries outside the bloc.

Spooked by US President Donald Trump’s threats to end generations of American protection, Europe has pledged to increase defence spending dramatically and scale up their domestic capabilities that have withered since the cold war.

Last week the European Commission proposed to raise €150bn that would be lent to capitals to boost their military production. While the broad idea has received unanimous political backing, the details are still being fleshed out, with heavy lobbying over whether the cash could be spent on arms made outside the bloc.

  • misk@sopuli.xyzOP
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    2 days ago

    The only way to deescalate is to arm ourselves to the teeth. The only language Putin understands is the language of strength and ignoring that can only lead to more war. Economically this is going to be a major stimulus which Europe really needs at the moment, especially Germany with their failing industries. My main worry on long term peace would be what happens to military output capacity once it’s no longer needed but we’re mostly concerned about survival. There should be also more discussion on profit redistribution so that we don’t increase wealth inequality even more with this stimulus.

    • bufalo1973@lemm.ee
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      2 days ago

      Tanks made in the same lines of production than trucks, military aircrafts made in the same lines than civil ones, … When the need of new military equipment is reduced the lines can balance to more civil production. And then be prepared in case we need more military equipment.

      • misk@sopuli.xyzOP
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        2 days ago

        That’s my hope but that’s assuming there will be demand and Germany can become competitive again. Right now those industries are failing because of expensive energy and that’s not about to change. In fact, it might get worse because Europe is getting LNG from the US now, and they’re not exactly friendly.

    • porompopmpom@lemmy.ml
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      2 days ago

      It’s not that I don’t understand the logic. It’s that I don’t believe scare tactics lead to peace. I agree that short term I it might scare of Putin, and that’s obviously good, but it’s a bandaid, not a solution, and one that, IMHO, is not easy to get away from.

      Also, I find it sad that whenever someone mentions peace he gets ratioed and called a Putin apologist (not here but I see it a lot).

      It is possible to want peace and still be against Putin. I get that it’s a sensitive topic and intense times, but we just keep alienating and polarizing more and more people. We need a better approach.

      • misk@sopuli.xyzOP
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        2 days ago

        It’s that I don’t believe scare tactics lead to peace.

        It takes just one state actor that doesn’t play by the rules and it all falls apart. Let’s not be naive because being exploited for this will be extremely unpleasant. I live in Poland which spent over 100 years under Russian occupation. Now we live under American one which is slightly less exploitative but not great either. The cognitive dissonance is strong in our nation after Obama forced us to reset relations with Russia after they invaded Ukraine for the first time lol.

        All of us want peace but appeasement has been tried and failed time and time again. Lay down the arms and get steamrolled and then get exploited for another 100 years until another empire inevitably falls? Nah.