EU tells Spain to raise defense spending to 3% as Trump pressures NATO
By: cryptosheadlines|2025/05/04 01:45:01
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com The European Union is complying with President Donald Trump’s demands and has started to push some member states to increase their defense budgets.On Saturday, the European defense commissioner called on Spain to raise its defense spending to 3% of its gross domestic product (GDP).Per Trump’s wishes, NATO members, including the entire European Union, should raise their defense spending target above 2% of national output. He even appealed to NATO members to raise their defense spending to as high as 5% of their GDP.Spain spent only 1.3% of their GDP on defense in 2024The European defense commissioner Andrius Kubilius told the El Pais newspaper that Spain would have to spend at least 3% of its GDP on defense to avert the Russian threat to Europe. He claimed Spain’s government would have to “find a way to increase defense spending in the near future.”Spain’s defense expenditure in 2024 accounted for 1.3% of its GDP, the lowest any NATO member spent that year. Spain, however, did promise that it would meet NATO’s defense target expenditure of 2% of GDP this year, a goal it had originally set for 2029. The target change, however, did raise alarm, especially for the far-left Sumar party, the junior partner with the Socialists in Spain’s coalition government who disagree with the idea.Nonetheless, Prime Minister Pedro Sanchez declared a €10.5 billion investment plan last month to ensure the country fulfills its spending obligations. He stated that the plan would focus on telecommunications, cybersecurity, and acquiring military equipment. He explained that he saw the need for Spain to raise its defense budget, especially since Europe’s adversaries are expanding their arsenal to more than just missiles.Drawing from the Ukraine war, he pointed out that their “enemies” were using unmanned drones and paramilitary groups to disrupt supply chains, sever gas pipelines, and damage undersea cables. They also allegedly weaponized social media platforms to spread propaganda and disinformation and launched AI-driven cyberattacks on Ukraine.He added, “In a world that’s dominated by uncertainty, Europe is hope, and it is certainty – and that certainty must be protected by strengthening our security and defense systems because, given what’s going on, it’s obvious that only Europe will know how to protect Europe. And Spain will contribute to protecting Europe.”Moreover, he also argued that they would stand with Ukraine and that his country would fulfill its obligations to ensure the safety and security of Europe. He even asserted that his investment plan and increased defense spending would not burden nationals; there would be no tax rise or deficit increases due to it.The Sumar party, however, is still opposed to the plan, calling it “incoherent” and “absolutely exorbitant.” Donald Trump asked NATO allies to raise their defense budgetsBarely a month after Trump assumed office, he began pressuring his NATO allies to raise their defense budgets, claiming the US had been left to foot most of the defense burden for far too long. He urged NATO members to raise their defense spending to 5% of their GDP.Responding to Trump’s request, NATO secretary general Mark Rutte encouraged other member states to increase their defense spending. He called for them to meet the 2% target by the summer before they can take on a higher target since they have to spend above 2% of their output.Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your SpotSource link
You may also like

Particle Founder: The entrepreneurial insights I have gained the most from in the past year
Stop lean startup, stop lightning entrepreneurship, and think carefully about what your product aspirations are.

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence
The competition in the future is not just about whose model is larger or whose computing power is stronger, but also about who understands the industry better, who can embed AI more deeply into real processes, and who can organize these capabilities into a runnable and scalable system.

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)
The existing infrastructure is hostile to the Agent economy. Agents can think and act independently at the "capability level," but at the "economic level," they are still locked into infrastructure designed for humans.

The migration of settlement rights: B18 and the institutional starting point of on-chain banks
In the traditional system, banks decide the settlement; in the on-chain system, code begins to take over this responsibility.

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment
The AI narrative continues to ferment, but the recent performance of related stocks varies, with some in the midst of summer and others as if in winter.

The second half of stablecoins no longer belongs to the crypto circle
What Coinbase doesn't want, Mastercard is eager to buy.

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation
Cursor was accused of being based on Kimi K2.5, which sparked controversy, and was later confirmed to be compliant through Fireworks AI due diligence.

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations
Provide an Investor Relations Best Practices Guide for Crypto Projects.

Is the income of pump.fun real, earning a million dollars a day despite the market downturn?
If it can really earn this much, what is the reason for the low price of $PUMP?

The real reason why tokens are not selling: 90% of crypto projects neglect investor relations
Investor Relations Practice Guide for Cryptocurrency Projects.

Who is the true winner of the "Tokenization" narrative?
Virtually everyone benefits, but the reason for the benefit, the timing, and the underlying logic are completely different.

Moss: The Era of AI-Traded by Anyone | Project Introduction
AI Trading Agent is rapidly growing its infrastructure.

Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update
AI chips have become a strategic asset more sensitive than missiles

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.

Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.

Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.

Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis
The future of competition is not only about whose model is bigger, whose computing power is stronger, but also about who understands the industry better, who can more deeply integrate AI into real processes, and who can organize these capabilities into a set of executable, scalable systems
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.
Particle Founder: The entrepreneurial insights I have gained the most from in the past year
Stop lean startup, stop lightning entrepreneurship, and think carefully about what your product aspirations are.
Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence
The competition in the future is not just about whose model is larger or whose computing power is stronger, but also about who understands the industry better, who can embed AI more deeply into real processes, and who can organize these capabilities into a runnable and scalable system.
OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)
The existing infrastructure is hostile to the Agent economy. Agents can think and act independently at the "capability level," but at the "economic level," they are still locked into infrastructure designed for humans.
The migration of settlement rights: B18 and the institutional starting point of on-chain banks
In the traditional system, banks decide the settlement; in the on-chain system, code begins to take over this responsibility.
From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment
The AI narrative continues to ferment, but the recent performance of related stocks varies, with some in the midst of summer and others as if in winter.
The second half of stablecoins no longer belongs to the crypto circle
What Coinbase doesn't want, Mastercard is eager to buy.