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"Kriegswirtschaft": Europa will aufrüsten

"Kriegswirtschaft": Europa will aufrüsten
HEC Paris - © Adeolu Eletu

DW explains how declining U.S. support and heightened geopolitical risks are prompting EU states to boost defense spending and coordination. Germany has even amended its constitution to free up military budgets. Armin Steinbach, law professor at HEC Paris Business School, says this turn could become a catalyst for innovation, with firms in defense tech, intelligence, and pharma among the key beneficiaries.