https://www.ecb.europa.eu/press/economic-bulletin/articles/2026/html/ecb.ebart202602_01~7989f7715e.de.html
War economy | What do Europe’s defense spending mean for the economy?The ECB is examining a key question: If #Europe spends hundreds of billions of euros more on defense and infrastructure, does that also boost the European economy? Around €510 billion per yearAccording to the ECB’s estimates, between 2025 and 2031 Europe needs roughly €510 billion annually in additional investment for