NATO’s Rutte Urges Defense Contractors to Ramp Up, Welt Says
2 weeks, 1 day ago

NATO’s Rutte Urges Defense Contractors to Ramp Up, Welt Says

Live Mint  

-- NATO Secretary General Mark Rutte said that increased defense budgets by European governments were the first step in securing the continent and that contractors need to play their part by increasing output. “We also need to quickly ramp up our defense production,” Rutte said in an interview with German newspaper Welt am Sonntag. At an emergency meeting in Brussels on Thursday, EU leaders discussed a European Commission proposal that includes up to €150 billion in loans to member states for defense spending, as well as plans to allow countries to use their national budgets to potentially spend €650 billion on defense over four years without triggering budgetary penalties. While Rutte praised Germany’s defense companies, he said “the truth is that we are not producing nearly as much as we need.” “I have traveled to multiple defense manufacturers and met with many CEOs of big armament companies, and my message to them is clear: The demand is there, we now count on you to meet it,” the former Dutch prime minister said.

History of this topic

The EU wants to break its security dependency on the US and buy more European weapons
5 days, 18 hours ago
EU weighs $841bn ‘rearm’ Europe plan to counter possible US disengagement
3 weeks ago
Europe weighs options to boost defence spending
3 weeks, 6 days ago
NATO boss Mark Rutte warns Britain it must break the bank for huge rises in defence spending - after Donald Trump's shock policy U-turns on Ukraine
Trending News
1 month, 1 week ago
EU countries call for European Investment Bank to push into defence funding
1 month, 3 weeks ago
Europe Is Pouring Money Into Defense. Is It Enough?
2 months ago
EU must boost defence spending to counter Russia’s threat, says Kallas
2 months ago
Europe ‘will spend more’ on defence, Nato head suggests
3 months, 1 week ago
Europe ‘will spend more’ on defence, Nato head suggests
3 months, 1 week ago
‘Shift to wartime mindset’: Nato chief calls for budget boost as Putin eyes ‘long-term confrontation'
Trending News
3 months, 1 week ago
NATO boss calls for much higher defense spending to counter Russia
Top News
3 months, 1 week ago
NATO boss calls for much higher defense spending to counter Russia
Top News
3 months, 1 week ago
NATO chief warns that Putin wants long-term confrontation with Europe after Ukraine
3 months, 1 week ago
NATO chief warns that Putin wants long-term confrontation with Europe after Ukraine
3 months, 1 week ago
David Lammy urges EU allies to bolster defence spending ahead of Trump return
3 months, 2 weeks ago
NATO chief urges European allies to ramp up defense spending as Trump returns to White House
3 months, 2 weeks ago
NATO chief urges European allies to ramp up defense spending
3 months, 3 weeks ago
NATO chief urges increased defence spending as Trump presidency looms
3 months, 3 weeks ago
NATO leader Rutte: The Netherlands must significantly boost defense spending
3 months, 3 weeks ago
NATO’s Rutte calls for more Western support for Ukraine, warns of Russian alliances
Trending News
4 months, 1 week ago
European countries are spending more on defense, a think tank says
4 months, 2 weeks ago
The EU buys too much defense equipment abroad, especially from the US, a major report says
6 months, 2 weeks ago
Threatened by Russia, will the EU do enough to fund defence?
11 months ago
EU plans to boost defense industry and move away from US dependency in the face of Russian threats
1 year ago
EU plans to boost defense industry and move away from US dependency in the face of Russian threats
1 year ago
EU to boost defense industry, move away from U.S. dependency in the face of Russian threats
1 year ago
Europe must 'urgently' ramp up 'mass production of arms' with the continent no longer living 'in times of peace', Germany warns, after Trump encouraged Russia to attack NATO allies who 'don't pay thei
1 year, 1 month ago
Budget leak: Defense to get extra €100 million per year
3 years, 6 months ago
Germany to expand army and send tanks to Lithuania as Nato-Russia buildup continues
8 years, 1 month ago
Fears of Russia and Trump drive EU leaders to boost defense budgets
8 years, 3 months ago

Discover Related