Nepal, April 27 -- In recent weeks, it has become clear that all EU member states are preparing to ramp up military spending. This shift is driven both by the perceived threat from Russia and the expected disengagement of the United States from European affairs. Two key concerns have emerged among policymakers: How to finance this additional spending and how to address the long-standing fragmentation of European defence efforts. The second issue is particularly well known. Since the end of World War II, defence has largely remained the responsibility of individual states. As a result, European military spending is simply the sum of national budgets-an approach that is not only inefficient but also deeply fragmented. European security cont...