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Europe's Arms Build-Up Challenges Welfare
Europe is entering an unprecedented phase of rebuilding its defensive capabilities amid escalating security threats, leading to a significant increase in military spending. European governments face the challenge of funding this expansion, either through reforms in sectors such as healthcare and pensions (as in Germany and Italy) or by refusing to cut social service expenditures (as in Spain). Political and electoral risks are evident due to pressures on public finances and the impact of increased spending on citizens' livelihoods, making the question of who will bear the cost of this surge one of the main issues for European governments.
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