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Meeting Trump's military spending goals not easy: European defence firms

Business Standard LogoBusiness Standard1w ago

Meeting Trump's military spending goals not easy: European defence firms - Business Standard

Quick Summary:

The defence ministers of Europe's five top military spenders said Monday they want to continue increasing their investments in defence but described meeting President-elect Donald Trump's challenge for them to raise spending to 5 per cent of their overall economic output as complicated.

The defence ministers of Germany, France, Britain, Italy and Poland came together near Warsaw for a meeting in a new format that they established after Trump was re-elected last year.

The five are seeking ways to maintain their support for Ukraine as US policy is expected to shift when Trump takes power.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 07:03:11 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 654 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25134829

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 282 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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