On the one hand, many members' public finances are in the red. On the other, the threat from Russia and the prospect of an American isolationist retreat are looming too large for Europe to ignore.
Joint spending must be the 'starting point' to increase efficiency, cost-effectiveness, and cost reduction... Hypersonic missiles, air defence, satellites, and drones are 'really worth our money if we work together in these areas'.
France, for example, needs 'a nuclear deterrent capability'. Some expeditionary countries will prefer 'lighter, easily transportable equipment' such as armoured vehicles and artillery.
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