Tag #Defense Spending

politico.eu
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Britain's Army Readiness Questioned Amidst Peacekeeping Troop Pledge for Ukraine

Britain pledged peacekeeping troops to a future Ukraine-Russia peace deal despite its army's unpreparedness for war, as revealed by the Defence Secretary; this highlights Europe's weak defense capabilities and necessitates urgent reforms and increased defense spending.

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kathimerini.gr
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Greece's Defense Spending Could Exceed Budget Limits Under EU Proposal

Greece's €1.5 billion defense investment budget for 2024 could be excluded from spending limits under a proposed EU escape clause, potentially freeing up additional funds and potentially reaching €2 billion in 2026, according to a statement by Ursula von der Leyen. This follows Greece exceeding its ...

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dailymail.co.uk
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Starmer's Foreign Policy Under Scrutiny: Defense Spending and Chagos Islands Handover

UK Prime Minister Sir Keir Starmer's foreign policy actions, including planned meetings with European leaders and President Trump, and his handling of defense spending and the Chagos Islands handover, have significant implications for UK-US relations and national security.

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news.sky.com
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UK Faces Generational National Security Challenge Amidst Ukraine War

UK Prime Minister Keir Starmer declared a "generational challenge" to national security, urging increased defense spending to 2.5% of GDP and advocating for stronger European collaboration on Ukraine; however, internal debate and economic constraints complicate the implementation timeline.

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tr.euronews.com
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Hegseth's Poland Visit Highlights Growing US-Poland Defense Ties

US Secretary of Defense Pete Hegseth visited Poland for his first international trip on Friday, holding talks with Polish officials amid rising defense spending in response to Russia's invasion of Ukraine. Poland, already a top NATO spender, plans to allocate 4.7% of its GDP to defense in 2024, exce...

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elpais.com
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Munich Conference: Allies Unite on Defense Spending, Ukraine Support

At the Munich Security Conference, NATO's Stoltenberg and EU leaders emphasized a strong commitment to increasing defense spending, supporting Ukraine's sovereignty in peace negotiations, and ensuring Russia is not rewarded for aggression, reflecting a strengthened European security policy.

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pt.euronews.com
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EU Divided on Ukraine Peacekeeping Troops

European leaders failed to reach a consensus on sending peacekeeping troops to Ukraine after a three-hour emergency meeting in Paris, highlighting divisions within the EU and dependence on US support, following recent US questioning of European security commitments.

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kathimerini.gr
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Greek Bonds Resilient Amidst Eurozone Yield Rise

Eurozone government bond yields rose on Monday due to anticipated increases in European defense spending; however, Greek bonds showed resilience due to Greece's high defense spending, small budget deficit, and strong bond characteristics.

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theglobeandmail.com
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Canada Weighs German-Norwegian Submarine Offer to Bolster Defence

Canada is considering a joint German-Norwegian offer for diesel-electric submarines to replace its aging fleet by 2035, driven by concerns about geopolitical instability and the need to bolster national defense capabilities; the offer includes early access to production.

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elmundo.es
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Spain Seeks EU Funds for Defense Spending Increase

The Spanish government plans to use European Union funding, including potential EU debt or the European Stability Mechanism, to increase its defense spending to meet NATO targets without impacting its national budget or facing domestic political opposition.

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elmundo.es
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Transatlantic Rift Widens at Munich Security Conference Over Democracy and Defense Spending

At the Munich Security Conference, US Vice President JD Vance criticized European democracies, prompting German President Frank-Walter Steinmeier to rebuke the US administration's disregard for international norms. This led to the EU proposing a €500 billion defense spending increase over the next d...

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politico.eu
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NATO to Boost Defense Spending Over 3 Percent of GDP

NATO Secretary General Mark Rutte declared at the Munich Security Conference that member nations must considerably increase their defense spending, exceeding 3 percent of GDP, to counter Russia's aggression and support Ukraine, with the final target to be agreed in June at The Hague.

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