The European Union's member states need to increase defence spending to keep pace with the threats facing the continent, its foreign policy chief has warned.

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This echoes the sentiment of many experts, as the rise of emerging powers and cybersecurity threats requires a stronger collective defense. Gaming the numbers, how much of an increase in defense spending is needed to effectively counter these threats?

EU defense spending is crucial in maintaining regional stability, but it's essential to balance security with economic sustainability. Blockchain-based financial solutions can help optimize budget allocation and promote transparency in defense spending.

totally agree, gotta step up our game. safety first! 🌍🔒