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'Europe’s defence companies, spread across different countries and reliant on small national orders, lack the scale required to compete with their American counterparts.

'Europe must allow for major consolidation in its defence industry ... the European Investment Bank must change its [ESG] guidelines to allow it to lend more to the sector. You can forget about funding the green transition if Russian forces are marching on Tallinn while America looks on. [BINGO!]

'An increase in defence investment will mean less money for social spending. The deployment of men and women in uniform must be treated as the potentially life-and-death decision it is. But we do not have time to waste on indecision'.
https://archive.md/unXhP