Spending more on defence without damaging social spending - time for a coalition of the borrowing?
Begg, I.
(1 September 2025)
Spending more on defence without damaging social spending - time for a coalition of the borrowing?
LSE European Politics and Policy (EUROPP) blog.
(1 September 2025)
Spending more on defence without damaging social spending - time for a coalition of the borrowing?
LSE European Politics and Policy (EUROPP) blog.
NATO’s commitment to sharply increase spending on defence and security presents a daunting fiscal challenge for many European governments. Iain Begg asks whether a “coalition of the borrowing” that enables countries to raise debt collectively could provide the solution.