Western nations risk financial unsustainability when implementing their militarization plans, the Danish economy minister says
EU nations risk “increased debt levels and unsustainable finances” if they raise defense spending too quickly, Danish Economy Minister Stephanie Lose has warned. EU and NATO members are pushing to invest billions of euros in troops and weapons.
NATO leaders agreed last month to increase the target for defense spending from 2% to 5% of GDP, with 3.5% allocated directly to the military and the remainder directed toward broader security initiatives. Brussels previously unveiled the €800 billion ($940 billion) ‘ReArm…
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