Europe has a change of heart on defense spending
- European leaders, influenced by U.S. President Donald Trump's approach, are rethinking their defense spending strategies.
- U.K. Prime Minister Keir Starmer announced plans to increase military spending from 2.3% to 3% of gross domestic product by 2030.
- European nations are recognizing the need to enhance their defense contributions to Ukraine, driven by ongoing Russian aggression.
- French President Emmanuel Macron stated that his nation will boost defense spending, emphasizing Europe’s urgent need for enhanced defense capabilities.
41 Articles
41 Articles
Trump, tariffs and potential defense spending surge overshadow European Central Bank meeting
The impact of a potential trade war with the United States and massive increases in European defense spending and government borrowing are looming over Thursday’s policy meeting at the European Central Bank
European leaders meet in Brussels, vowing ‘new era’ for defense
The NewsEuropean leaders are due to meet in Brussels Thursday after US President Donald Trump’s criticism of Ukraine forced the continent to think seriously about defense, analysts said. French President Emmanuel Macron said Wednesday he would open debate on using France’s nuclear deterrent to protect Europe, stressing that the “new era” necessitates major rearmament. France is also reportedly warming up to seizing frozen Russian assets to suppo…
America has ditched Europe. That presents an economic opportunity
As a rapid rise in military spending across Europe looks increasingly likely, could it also give the region’s economy a much-needed shot in the arm? That depends on where the money comes from and how it is spent.
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