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A number of recent global risk assessments converged on a clear message: FIMI, disinformation, and misinformation have become a systemic threat for democracies worldwide. This is no longer simply an issue of ‘fake news’ but a structural risk that undermines the conditions for economic growth, social welfare, and liberal institutions. Another clear message emerging from these reports is the importance of a robust public‑interest media ecosystem as a guardrail against informati