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Sixteen EU Nations Seek Budget Waivers for Defense Spending Surge
Sixteen EU countries formally requested temporary waivers from EU budgetary rules to increase defense spending by up to 1.5% of GDP over four years, aiming to collectively raise €650 billion by 2030 to counter the Russian threat and potential US disengagement from Europe.
Sixteen EU Nations Seek Budget Waivers for Defense Spending Surge
Sixteen EU countries formally requested temporary waivers from EU budgetary rules to increase defense spending by up to 1.5% of GDP over four years, aiming to collectively raise €650 billion by 2030 to counter the Russian threat and potential US disengagement from Europe.
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