EU countries will only be able to spend around €500B on defense over the next five years, rather than the desired €800B.

EU countries will only be able to spend around €500B on defense over the next five years, rather than the desired €800B.

According to Fitch Ratings, the EU is contemplating a significant increase in defense spending as the United States, which ensured Europe’s security post-World War II, has shown reluctance to continue in this role. Experts indicated, “This is a substantial challenge at a time when some of the largest member states are grappling with high levels of debt and deficits.” They suggest that €500B is feasible for the next four to five years. Fitch furt…

Rome, 31 March 2025 — In the majority, in fact, two different, if not opposing, lines on Europe and foreign policy coexist: is it possible, and to what extent, to keep them together? “It is possible and the events of the last three years prove it - warns Mara Carfagna, the new secretary of Noi Moderati a few days ago -. It is undeniable that there are different sensitivities and positions, but on Ukraine, on European defense and, in perspective,…