How Can Europe Close Its Defense Spending Gap? - The Globalist

How Can Europe Close Its Defense Spending Gap? - The Globalist

Europe is stepping up its efforts to boost its defense spending. Considerable progress has been made — but hurdles remain.

Europe Agrees to Military Buildup, Germany to Boost Defense Spending

Since the end of World War II, the United States has served as Europe’s bodyguard. That arrangement is coming to an end. ... The post Europe Agrees to Military Buildup, Germany to Boost Defense Spending appeared first on The New American.

The President of the European Central Bank (ECB), Christine Lagarde, expressed the Governing Council's confidence that the various commitments to substantially increase defence spending announced by the European Commission and the parties likely to form the next coalition of government in Germany will be an "impulse" for the economy of the Old Continent.

The European Central Bank takes off from the European Commission and argues that the institution's priority is "price stability"