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Deindustrialising regions hope for investment and jobs, but much will depend on how the extra money is spent
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was
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Fund’s research tempers claims by European governments that bigger military budgets should revitalise their economies

Berlin plans a 70% increase in military spending to €162bn by 2029, according to leaked paper

Sector increases investment and rewards investors after surge in global military spending following Ukraine war

Paris sees risks for its industry and the continent’s sovereignty in Berlin’s rapid defence build-up

Talks that are due to take place next month take on fresh urgency after the transatlantic rupture in Davos

Member states kick off two years of haggling over spending priorities amid growing doubts about the bloc’s relevance