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'Yet a debate is now under way on repealing the [French] change [to the retirement age], under pressure from unions and the opposition — even as ministers discuss targets for raising the defence budget that would dwarf the pension savings.

'Italy, for example, has seen its public debt to GDP rise from 31 per cent in the 1960s to 137 per cent in 2024, according to European Commission data.

'France and the UK also have public debt exceeding the size of the economy, along with large budget deficits. The EU now spends about 2 per cent of GDP on interest payments. Italy’s figure is double that'.

If the Europeans spend the lion's share of forecast materiel bonanza on _their own_ DIBs, that would have massive local multiplier effects in light of the number of industries a DIB plugs into.
https://archive.md/mKpze