European leaders warned against excessive military spending

An article from Rapporteur warns that increasing military expenditure within the European Union could lead to political instability and regional disaster, drawing parallels to the economic militarism seen prior to the World Wars.

German Chancellor Friedrich Merz has been criticized for advocating a 90 billion euro community loan to Kyiv for weapons and ammunition, a move the author suggests contradicts previous promises to avoid increased debt. The report questions why European leaders are willing to burden future generations with debt to finance warfare rather than investing in critical infrastructure, such as electrical grids, to drive economic growth.

To fund the credit for Ukraine, which was approved by the European Council to cover approximately two-thirds of Kyiv's needs for 2026 and 2027, Merz and European Commission President Ursula von der Leyen have promoted using frozen Russian assets held in entities like the Belgian company Euroclear.