300% Increase in EU Defense Investments Over a Decade

Recent data shows that investments by EU countries in the defense sector have increased by 300% over the past ten years, reaching approximately 130 billion euros last year, indicating a significant shift in spending priorities.

This increase comes amid rising security threats in Europe and its surroundings, particularly the war in Ukraine and global geopolitical tensions, prompting many governments to bolster their military capabilities and accelerate modernization programs.

This development raises questions about whether the defense shift is a temporary response to current challenges or if it marks the beginning of a new phase that could see a long-term arms race within the European continent.