European Signals of Defense Splurge Put Pressure on Sovereign Debt

European powers are moving to ramp up defense spending, prompting investors and the market to react.
European Signals of Defense Splurge Put Pressure on Sovereign Debt
A member of Ukraine's 72nd Brigade Anti-air unit points in the direction of a Russian Zala reconnaissance drone sighted overhead as the unit prepares to fire a Strela-10 anti-air missile system, in Marinka, Ukraine, on Feb. 23, 2024. Feb. 24 marks the anniversary of Russia's large-scale invasion of Ukraine, which began in 2022. Chris McGrath/Getty Images
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News Analysis

Europe’s attitude toward its defense has substantially shifted in recent months, pivoting away from dependence on American assistance to making the continent more self-reliant.

Guy Birchall
Guy Birchall
Author
Guy Birchall is a UK-based journalist covering a wide range of national stories with a particular interest in freedom of expression and social issues.