Rutte acknowledges that current defense spending is higher than a decade ago but still lower than during the Cold War when European members of NATO spent 3.8% of GDP on defense. He emphasizes the need for increased defense spending, citing Russia’s substantial military outlay and the European Commission’s estimation of €500 billion needed over the next decade to meet NATO’s capability targets. The 2 percent defense spending goal is deemed insufficient by allies, with a consensus emerging for higher spending to implement regional defense plans and address evolving threats.
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Von der Leyen tells Xi EU-China ties are at ‘inflection point’
European Commission President Ursula von der Leyen and European Council President António Costa conveyed to Chinese leader Xi Jinping that EU-China relations are at an "inflection point" due to trade imbalances and China's support for Russia amid the Ukraine war. Both sides emphasized the need for mutual solutions to longstanding issues as the summit marks 50 years of EU-China relations, overshadowed by tensions over trade and geopolitical concerns. Want More Context? 🔎
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