
EU’s Billions Are Being Spent on a Sub-Par Military
Can €130 billion fix European defense? Not sure. But can Brussels use it to make it worse? Absolutely.

Can €130 billion fix European defense? Not sure. But can Brussels use it to make it worse? Absolutely.

Until the West overcomes its addiction to post-heroic values, NATO’s programme of rearmament will do little to provide its nations with genuine security

Following the Hague NATO summit, members agreed to raise the minimum spending benchmark from 2% to 5%.

The move comes after PM Golob suffers shock defence defeat and a deepening coalition rift.

At the end of the day, what citizens want from their leaders is for them to defend their interests and their country.

It would be surprising if even half of the European NATO members could expand defense spending as much as the alliance requires.

Rising defense spending will cause fiscal fights in many NATO countries. In Spain, the tension between social benefits and military outlays is perhaps more pointed than anywhere else.

‘It’s a big problem, and the other NATO leaders will have to confront Spain on this today,’ the U.S. Secretary of State said.

Officials have been accused of “smoke and mirrors” to claim they are ‘reaching’ NATO’s target.
In a break with decades of fiscal orthodoxy, Germany will fund its largest defence buildup in generations through debt.