Faced with a growing Russian threat and under pressure from the United States, NATO calls for its European allies and Canada to an unprecedented military effort: to increase their military capacity by 30 %. In order to strengthen the deterrent capacity of the alliance, massive investments are necessary.
Europe in the face of a major military challenge
According to a senior NATO official, new objectives for the military capacities of the allies are under discussion. The goal: update the objectives established before the invasion of Ukraine by Russia. The ambition is to adopt them by early June, at the meeting of the Defense Ministers in Brussels.
According to the organization, the goal is both to face the growing threat of Russia and the pressures of American President Donald Trump who wants the allies to assume a greater share of the defense burden. The requested financial effort is massive: it would be, on average, a 30 % increase in military equipment.
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These new defense objectives would spread over a period of 5 to 15 years. Most allies will have to bring their defense expenses to more than 3 % of the gross domestic product (GDP). This new threshold is expected to be adopted at the NATO summit scheduled in The Hague at the end of next June.
As a reminder, Donald Trump has repeatedly accused NATO members to exploit Washington by not spending enough for the defense. He thus expressed the wish that the allies increase their defense expenses to 5 % of GDP, a goal deemed unrealistic – and that even the United States does not reach, since it is 3.38 %.
Allies are now expecting the United States reduce their military presence in Europetheir priorities turning to the Indo-Pacific region.
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Europe forced to review its defense since the election of Donald Trump
Since the last American elections and Donald Trump's return to the White House, the European countries strive to increase their military spending and rethink their strategic positioning. In 2024, European NATO members and Canada spent $ 485 billion for defense programs, an increase of 20 % in one year.
THE air defense systems have been designated as the most improvement in all the allies. The in -depth shooting capacities, logistics, communication systems and information systems were also cited, and terrestrial maneuver capacities. Thus, an increase in weapon stocks and spare parts will take place in these five sectors.
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In a note unveiled by the European Commission this Wednesday, March 19, entitled “Be ready in 2030”we can read there that “The international order undergoes changes of an unequaled magnitude since 1945 »». Ursula von der Leyen, president of the commission, also spoke on March 18 on this subject:
“For 2030, Europe must have a strong European defense posture. Being prepared for 2030 means that you have rearmed and developed the necessary capacities for credible deterrence. (…) To be ready in 2030, we have to act now. And this is where the EU enters the scene. »»
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Source: Bloomberg
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After training in journalism, I worked for a few years in general press before discovering the world of personal finance and the scholarship. Fallen into cryptos since 2020, I am particularly interested in the decryption of news that influence the Cryptos markets. My goal? Always teach my readers more by providing the most precise and the most just possible information.
Justine Ferrari
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