European Parliament demands EU member states increase defense spending

'We need a continental chain of command' (ANSA)

Army: Increasing that percentage would cost an additional 15 billion euros per year. The NATO standard is 2 percent, and the Netherlands only managed to do that last…

Not only increasing our own defense spending from two to three percent of GDP in connection with NATO requirements, but also a mandatory transfer of 0.25% of GDP to the European Union for joint defense. This was proposed by MEP Jan Farský (STAN) as part of the European Commission's White Paper, saying that such a contribution would represent a fundamental change for the European budget. Minister of the Interior and head of the Mayors' Associatio…

19:00 Prime Minister Bart De Wever will convene the core cabinet on Wednesday to discuss Defense Minister Theo Francken's plan to increase military spending. For the MR, a climb to 2.5 percent of the...

The eurozone economy is already being affected by the trade war of the President of the United States, Donald Trump, but the expected increase in defense spending in the region may boost growth, said European Central Bank member Olli Rehn on Tuesday (18). The eurozone economy has demonstrated stagnation over the past two years and there is a growing body of evidence that fears of an all-out trade war with the US are already holding back business…

The bloc's economy has been stagnant for two years and fears of a trade war are growing.