I meant to include that Europe will have to raise taxes or cut their nanny state to pay for an increase in defense spending.
You appear to suffer from the illusion that tax increases always raise revenue. Europe is way over the wrong side of the Laffer curve. They need to cut taxes and regulation, and they need to jump start their economies by developing domestic energy sources. They can also educate their populace to understand that hard work is a virtue and that laziness is dragging their Continent into the sewer.
Not gonna happen, so it’s Alpha Mike Foxtrot for them.