A year after Russia invaded Ukraine, Europe seems destined for an arms race and further economic decoupling. Hugo Dixon tells Peter Thal Larsen that extra defense spending, lost business and rebuilding costs remain far preferable to a scenario where Vladimir Putin triumphs. #Breakingviews #russiaukrainewar #News #Reuters #newsfeed #europe #armsrace #wartimeeconomy Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: https://www.reuters.com/ Follow Reuters on Facebook: / reuters Follow Reuters on Twitter: / reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en