Latest news with #MildaSeputyte
Bloomberg
a day ago
- Business
- Bloomberg
NATO Leaders Flex Muscle to Avert a $1.5 Trillion War
By and Alberto Nardelli Save Hi, this is Milda Seputyte in Vilnius and Alberto Nardelli in Brussels. Welcome to our weekly newsletter on what's shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here. To much fanfare in the Hague this week, NATO leaders agreed to boost defense spending to 5% of gross domestic product and renewed their 'ironclad commitment' to mutual security. It was a win for Donald Trump, who has lambasted his European allies for underspending. In return, the US will remain committed to collective defense should a member come under attack.
Bloomberg
17-02-2025
- Business
- Bloomberg
EU Joint Funds Gaining Support as Leaders Confront Defense Needs
By , Milda Seputyte, and Sanne Wass Save Discussions are gathering pace in the European Union on how to increase defense spending, with joint financing becoming a realistic option for a growing list of leaders, according to people familiar with the talks. The topic will likely be raised informally at a meeting French President Emmanuel Macron is hosting in Paris Monday with other leaders including the UK's Keir Starmer, German Chancellor Olaf Scholz and Italian Prime Minister Giorgia Meloni, said the people, who spoke on the condition of anonymity.
