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...guy.chazan@ft.com...
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...The mechanism chosen means that not all of the cash will directly buy weapons for Ukraine, a concession intended to appease countries with reservations such as Hungary, Malta, Cyprus and Slovakia....
...European defence bonds “could be a powerful means to strengthen our technological innovation and industrial base”, Michel wrote in an opinion piece published in multiple European newspapers this week....
...But this did not “necessarily mean that the people losing their jobs will be unemployed for a long time”, she said. “The German labour market can absorb them.”...
...Industry and EU leaders have poured cold water on Brussels’ ambition to play a more direct role in supporting the European arms industry, questioning the benefits of more intervention and the means to pay...
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...The intervention came with western leaders already worrying about what a possible second Trump presidency might mean for the future of the transatlantic alliance and western support for Ukraine....
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...That means there’ll be a tendency to adopt more and more French positions, because the negotiators think: at least France will back it, and ensure there’s a qualified majority in favour.”...
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...Yes, I suggest, but the younger generation who grew up after the fall of the Soviet Union doesn’t really know what that means. “Well they’ll find out soon enough,” she replies....
...would have shared with us this worldly wisdom: that in the long term you can’t live beyond your means”....
...For Col Guntsch, the Zeitenwende means that “we are finally being put in a position to fulfil our mission — now but also in the future”....
...Guy Chazan Well, I think you have to break it down a bit. I mean, one of the things that is really a big challenge facing Germany is the skills shortage....
...“That volume means we are highly dependent on imports for market balance. If there is any delay there will be shortages,” said Peter Hardwick, trade policy adviser for the BMPA....
...It is also not clear what it means in practice to destroy an organisation that has a political as well as a military arm, and which has, for the past 16 years been integral to the bureaucracy and provision...
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