On March 6, the Special European Council saw 27 leaders of the European Union discuss the Russia threat and promote a strategic vision of disconcerting militarism. European Commission President Ursula von der Leyen had announced two days earlier that Europe had to spend more and indulge its various arms industries with greater attention than before. The ReArm Europe plan entails various measures intended to free up to EUR 800 billion in defence funding. This will entail something distinctly at odds with the standard EU mantra on balanced budgets: using the escape clause of the Stability and Growth Pact to bypass the Excessive Deficit Procedure.
Related Articles
Economics
Grace Blakeley: The next recession won’t be like 2008’s accelerated crisis – it’ll be long, slow and deep
Eleven years on from the crisis of 2008, we are entering a co-ordinated global slowdown, and policymakers must not be complacent. Read here
Economics
DeStatis – Germany: Producer prices of agricultural products up 34.7% in March 2022 year on year
Highest increase in producer prices of agricultural products since the beginning of the survey. And now the nation is in the midst of a drought. Result of failed economic and environmental policy over the past […]
Geopolitics
John McEvoy, Alex Morris: Over 2,000 Britons served for Israel amid Gaza genocideAlex MorrisJohn McEvoy, Alex Morris: Over 2,000 Britons served for Israel amid Gaza genocide
Declassified obtained data on the number of UK nationals in the IDF. We are publishing it for the first time Read Article HERE

Be the first to comment