12/31/2024 — EU countries are discussing a €500bn joint fund in anticipation of Donald Trump’s White House return.

From: Roman Sheremeta (Professor of Economics, Board Member, Founding Rector of American University Kyiv) —  EU countries are discussing a €500bn joint fund for common defence projects to boost spending in anticipation of Donald Trump’s White House return.

Trump’s threat to withdraw US security guarantees from underspending Nato allies has spurred European countries to explore more radical defence funding options, including joint borrowing to finance the defense sector.

Source: Visegrad 24

Leave a comment