In order to reach the NATO standard, the increase in defense costs of European Union countries (EU) will adversely affect social support systems. The newspaper, this, Belgium Vincent Van Petket Petket Finance Minister said. Financial times (Ft).
“Every Euro, which is an open today, will be a duty euro and this debt will once tax or cut in the social security system,” he said.
Van Petege, Belgium’s GDP defense 2% of the NATO target to achieve the goal of budget expenditures to get more funds and budget expenditures will provide a decrease, he said.
March 7 US President Donald Trump inducedIf NATO countries do not spend a fair amount of funds for defense, the US will not protect them. And two months ago, for the opening He said The fact that countries plans to increase in military expenses – alliance participants up to 5% of the GDP.
January 9 in Germany Spoke Trump’s NATO members’ demand for 5% of GDP’s defense costs. According to the German leader, for Germany, this means spending € 200 billion a year on the army. Currently, the country’s budget is approximately 490 billion €.
Previously, military observer “Gazeta.ru” I understandWhether Europe can protect itself without the United States.
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Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.