Tag #Defense Spending

politico.eu
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Fissures Emerge in Frugal EU Alliance as Geopolitical Landscape Shifts"

Facing geopolitical shifts and the war in Ukraine, traditionally frugal EU member states, especially Denmark, show cracks in their united front against increased EU spending and common debt; divisions persist as upcoming budget negotiations loom.

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zeit.de
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Lindner Rejects Trump's Call for Increased NATO Defense Spending

German FDP leader Christian Lindner rejects US President Donald Trump's call for NATO members to increase defense spending to 5% of GDP, stating that Germany already exceeds the agreed 2% target, thanks to a temporary 100 billion euro special budget; however, the long-term financial implications rem...

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it.euronews.com
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Rutte and Zelensky Warn of Russian Victory Costs and Unfavorable Peace Deals

NATO Secretary-General Mark Rutte and Ukrainian President Volodymyr Zelensky, speaking at the World Economic Forum in Davos, emphasized the need for increased Western military aid to Ukraine and discussed post-conflict security needs, expressing concern over potential unfavorable negotiations.

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cnbc.com
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Trump Pushes for 5% NATO Defense Spending, Exposing Member Disparities

Donald Trump's renewed call for a 5% NATO defense spending target highlights ongoing discrepancies among members; in 2024, 23 members reached the 2% target, but none reached 5%, sparking debate about balancing defense with domestic priorities.

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cnn.com
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Zelensky Demands Europe Boost Defense Spending Amidst Trump's Return

Ukrainian President Zelensky urged European nations at the World Economic Forum to significantly increase defense spending to 5% of GDP, echoing President Trump's demand and highlighting concerns about a potential US withdrawal from the Ukraine conflict under the new administration.

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pt.euronews.com
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Tusk Urges Increased EU Military Spending, Criticizes Green Deal

Polish Prime Minister Donald Tusk urged the EU to increase military spending to ensure its security independent of the US, suggesting joint debt issuance; he also criticized the EU's Green Deal for contributing to high energy prices, calling for a review.

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dw.com
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German Greens Unveil Election Platform: €15 Minimum Wage, Climate Cash, and Fireworks Ban

Germany's Alliance 90/The Greens party overwhelmingly approved its election platform on January 26th in Berlin, proposing a €15 minimum wage, a reduced-price public transport pass, and "climate money" to offset green energy costs, alongside a nationwide fireworks ban following New Year's incidents.

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fr.euronews.com
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Rutte Urges Increased NATO Spending Amid Ukraine War Concerns

NATO Secretary-General Mark Rutte, echoing President Trump, urged Western allies to increase defense spending to 5% of GDP, warning that a Russian victory in Ukraine would cost trillions of euros and severely damage NATO's credibility. Ukrainian President Zelenskyy requested at least 200,000 troops ...

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jpost.com
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Elbit Systems' Stock Soars Amidst Global Defense Spending Surge

Elbit Systems' share price has soared 70% since June to record highs, reaching a $13.3 billion market cap, fueled by increased global defense budgets and strong demand for its products, particularly in Israel following the recent conflict; despite a ceasefire, continued growth is expected.

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elmundo.es
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Spain Faces Mounting Pressure to Increase Defense Spending

Facing pressure from NATO and the EU, Spain's defense spending of 1.29% of GDP is far below the 2% target, requiring an additional €25 billion annually to reach the potential future target of 3%, a figure equivalent to Spain's November pension expenditure.

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48% Bias Score

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elmundo.es
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Trump Criticizes Spain's Defense Spending, Threatens Tariffs

Upon returning to the White House, Donald Trump criticized Spain's low defense spending and threatened 100% tariffs on its exports, while also including Spain in the BRICS group; Spain's Prime Minister Pedro Sanchez responded by criticizing the influence of Silicon Valley on global politics and elec...

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cnbc.com
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Poland Urges Europe to Increase Defense Spending to Cold War Levels

Polish President Andrzej Duda urged a return to Cold War-level defense spending in Europe due to Russia's invasion of Ukraine, with Poland currently allocating nearly 5% of its GDP to defense and calling on other NATO members to increase their budgets to at least 3% of GDP for modernization.

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