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Browsing: NATO
The EU has been focused on NATO’s defence spending, with members agreeing to up spending to 5% of GDP (except Spain). European leaders are preparing to deal with Donald Trump again at the NATO summit, after several EU members called for retaliatory tariffs on the USA.
The war in the Middle East and Russia’s continued invasion of Ukraine have also made up a lot of this week’s European headlines. Kyiv has suffered another heavy bombing, and there have been reports that the EU is considering suspending its partnership with Israel over its genocide in Gaza.
The EU and Canada have strengthened their ties with a new partnership and talks of digital trade and deeper cooperation on AI. The EU-Canada summit comes just before NATO.
NATO ambassadors agreed to boost defence spending and related spending, rising from the longstanding 2 % target to a combined 5 % of GDP by 2035, ahead of next week’s Hague summit.
Ramping up NATO members’ defence spending has gained momentum, supported by Germany and driven by the US administration’s objective to enhance military budgets across Europe.
NATO ambassadors from all 32 member states approved a new spending pledge to increase defence budgets to 5% of GDP by 2035, amid concerns over threats from Russia and China.
Spanish Prime Minister Pedro Sánchez has firmly rejected NATO’s push, driven by U.S. President Trump and Secretary-General Mark Rutte, for members to spend 5% of GDP on defence.
Canada is set to announce a significant increase in its defence budget to meet NATO’s 2% of GDP spending target, according to sources reported by The Globe and Mail.
Prime Minister Mark Carney confirmed that Canada will meet NATO’s 2% defence spending threshold this fiscal year, five years ahead of schedule.
NATO defense ministers indicated broad support for a potential increase in spending to 5% of GDP, driven by escalating threats from Russia and geopolitical instability.
The UK will build up to 12 new conventionally armed, nuclear-powered attack submarines, as part of a sweeping Strategic Defence Review to be announced on Monday by Prime Minister Sir Keir Starmer. The submarines will begin replacing the current fleet from the late 2030s and are designed to safeguard Britain and its NATO allies for decades to come.
NATO membership is like a Netflix subscription, you get charged whether you use it or not. With this level of corruption it is cheaper and more procatial to cancel it and develop an EU defence army. That will boost the EU economy and create millions of jobs in the EU.
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