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Euronews
Euronews
Una Hajdari

Five industries benefiting from Europe's defence spending boom

Europe has decided it wants to defend itself on its own terms after decades of treating military budgets as a line item to quietly trim or ignore.

The turning point was Russia's full-scale invasion of Ukraine in 2022, though the reckoning had been building for years. EU defence spending rose from €218 billion in 2021 to an estimated €381 billion in 2025, according to the European Defence Agency, or a 75% increase in just four years.

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