Arms firms across Europe worth billions more amid talk of Ukraine defence pact

Peter Koppel, head of investment at Redgate Capital, said money markets see risks in borrowing to drive up defense spending, which could lead to inflation accelerating and eventually money printing. At the same time, the current situation is inevitably such that the European defence sector is in dire need of more money.

The arms industry has called for the purchase of German or European weapons.

While Europe faces multiple geopolitical and economic challenges, particularly in defence, economist Jean-Luc Ginder explains how to use the European Bank for Reconstruction and Development (IBRD) could provide crucial assistance, which would allow Europe not to disperse its financing, ensure its sovereignty and guarantee its political credibility.

Windfall for European arms makers as Brussels ramps up defence spending

Weapons manufacturers across Europe are rushing to secure contracts after EU countries announced plans to dramatically increase defence spending. Share prices of European arms companies had already risen sharply following the US decision to suspend military aid to Ukraine.

Europe has invested as much money in armor as ever since the end of World War II. It is about hundreds of billions of euros and hundreds of thousands of new jobs. The question is: are there any people who can build all these tanks, missiles and anti-aircraft systems?

At a large meeting in Brussels, Europe's heads of state and government decide on massive armament. The German Chancellor – once a champion of austerity in the EU – is now fighting for a relaxation of the debt rules.