Drico
Player Valuation: £70m
Well, Breton better find a way of funding this weapons expansion, because short of huge borrowing and/or special funds, then citizens will see their health, education, and transport budgets slashed - and that is not going to be politically sustainable. If you want to totally wipe out support for Ukraine, this is the way to do it.The European Commission will on Tuesday propose how the EU can boost its arms industry and shift to “war economy mode”. Thierry Breton, the European industry commissioner, will lay out proposals to encourage EU countries to buy more weapons together from European companies, and to help such firms increase production capacity, according to EU officials.
From today's Guardian live blog. No one is doing well unfortunately.
While I have little time for the self-interested criticism of Germany (the idea that they should send Taurus - which could blast Moscow - just because the French and the British have sent something with only half the range and therefore couldn't, is hilarious), but one place where we can all legitimately paste the Germans - or more precisely, their finance minister Christian Lindner of the FDP - is on debt. His ideological and self-defeating determination to ensure a balanced budget with absolutely no debt is going to strangle Germany - and totally throw Ukraine under the bus.
Germany is the third-biggest economy in the world. It is a very rich country. It could borrow at rates lower than any other country on the planet. But this Thatcherite ideologue is a cuckoo in the German government nest. He will be a huge impediment to Breton's plan. He'll be happy enough to throw a bit of money at this - but it will be money previously used for social services. Short of a genuine workable plan to raise the funding needed, this won't get very far. Oh, and the French might also need to accept that as much as it makes sense to buy European, the Euro arms industry is too small at the moment to preclude buying from elsewhere.