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12th Mar 2024 17:39EurozoneDaily Monitor

  • European defence spending is ramping up and is set to double by 2026, in nominal terms.
  • Europe needs to help Ukraine beat Russia, as well as rebuild its own military; the EU is here to help.
  • Joint EU debt issuance to finance defence spending is coming; €100B-to-200B would be a good start.

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Keywords for: 14 March 2024 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence