As NATO leaders prepare to endorse a dramatic defense spending hike, Europe faces a reckoning: Where will the money come from — and will new tanks mean cuts to pensions? Listen to EU Confidential with Sarah Wheaton to find out: - ThreadSky

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politico.eu • 5 days ago

As NATO leaders prepare to endorse a dramatic defense spending hike, Europe faces a reckoning: Where will the money come from — and will new tanks mean cuts to pensions?

Listen to EU Confidential with Sarah Wheaton to find out:

Comments

digitalbio.it•5 days ago

For Italy, the sanctions and the expenses related to the war in the UKR have been devastating. The healthcare system is collapsing, the social state devastated, gas prices skyrocketing, inflation galloping. An increase in military spending would destroy us. At this point, anything could happen.

rislandr.bsky.social•4 days ago

Hmmm. Where will the money come from?

How about the wasteful taxpayer subsidies for rural landowners that form the biggest part of the EU budget?

Huge bonus:

Eliminating rural landowner subsidies would massively reduce destruction of the environment.

tantrano.bsky.social•5 days ago

Well my country just decided we can handle the extra public debt.

Tbf we have one of the lowest debt to GDP ratios among developed nations at 30-32%.

mijn-handle.bsky.social•4 days ago

Can anyone explain why, while the US spends around 3.4% GDP on defence, the other NATO countries should go to 5% ??

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