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London Business School: Europe's Fiscal Rules are Backing the Wrong Kind of Defense
January 05, 2026
LONDON, England, Jan. 5 -- London Business School issued the following news:

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Europe's fiscal rules are backing the wrong kind of defence

Paolo Surico argues the EU should exempt innovation, not procurement, to boost growth and security

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In a new VoxEU/CEPR column, The EU fiscal framework undermines innovation and security, LBS Professor of Economics Paolo Surico makes a sharp and unsettling case: Europe's revised f . . .

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