US EditionSpain urges EU to double budget, brace for Trump
4 Articles
4 Articles
Spanish PM Calls for Joint EU Debt to Double EU Budget to €2 Trillion
Spain’s socialist Prime Minister Pedro Sánchez (PSOE) called for raising “a more ambitious and bolder European budget” of “at least” 2% of the bloc’s annual GDP on Monday, to have more leverage on trade and defense. to. The proposal, which would mean doubling the current budget to over €2 trillion, is supposed to help the EU to combat President Trump’s tariffs and global defense challenges. It would allow Brussels to allocate the €100 billion ca…
The Spanish government's strategy paper calls on the EU to at least double the current defence budget, enabling Europe to better face Trump's "trade war" and other defence challenges.
The return to power of US President Donald Trump calls for "a more ambitious and bold European budget" of "at least" 2% of annual GDP, said on Monday the government of Pedro Sánchez in a statement.
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