Budget leak: Defense to get extra €100 million per year
3 years, 3 months ago

Budget leak: Defense to get extra €100 million per year

NL Times  

The Ministry of Defense will receive an extra 100 million euros on Budget Day. The caretaker cabinet members Ank Bijleveld and Barbara Visser always said that the Ministry should receive at least 4 billion on a structural basis. Many political parties indicated in party programs that they wanted to allocate extra money for the armed forces. The Rutte III cabinet structurally increased the Defense budget by 1.7 billion euros According to agreements with NATO, the Netherlands must spend 2 percent of its gross domestic product on Defense in three years' time.

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Europe ‘will spend more’ on defence, Nato head suggests
1 week, 4 days ago

Europe ‘will spend more’ on defence, Nato head suggests

Live Mint  

- Europe “will spend more” on defence, the head of Nato has suggested, after he warned that “it is time to shift to a wartime mindset”. Mark Rutte, the organisation’s secretary general, told the BBC that US president-elect Donald Trump was “right” that there should be more spending on defence. Speaking to the BBC on Thursday, Mr Rutte said: “My …

Europe ‘will spend more’ on defence, Nato head suggests
1 week, 4 days ago

Europe ‘will spend more’ on defence, Nato head suggests

Live Mint  

- Europe “will spend more” on defence, the head of Nato has suggested, after he warned that “it is time to shift to a wartime mindset”. Mark Rutte, the organisation’s secretary general, told the BBC that US president-elect Donald Trump was “right” that there should be more spending on defence. Speaking to the BBC on Thursday, Mr Rutte said: “My …

‘Shift to wartime mindset’: Nato chief calls for budget boost as Putin eyes ‘long-term confrontation'
Trending News
1 week, 4 days ago

‘Shift to wartime mindset’: Nato chief calls for budget boost as Putin eyes ‘long-term confrontation'

Firstpost  

European members of the North Atlantic Treaty Organisation are holding meetings to pitch an increase in the bloc’s target to 3 per cent at its annual summit next June North Atlantic Treaty Organisation chief Mark Rutte has called for raising defence budget by respective member nations. Rutte has said that the alliance’s defence spending needs to be much bigger than …

NATO leader Rutte: The Netherlands must significantly boost defense spending
3 weeks ago

NATO leader Rutte: The Netherlands must significantly boost defense spending

NL Times  

NATO Secretary General Mark Rutte called for substantial increases in defense spending by the Netherlands, emphasizing that the current NATO guideline of 2 percent of national income is insufficient for long-term security. As a former Dutch prime minister who was initially slow to meet NATO’s two percent goal, Rutte acknowledged the challenges of reallocating resources. The Netherlands currently adheres to …

Half of Dutch support increasing Defense spending after Trump's election win
1 month ago

Half of Dutch support increasing Defense spending after Trump's election win

NL Times  

A half of Dutch citizens favor increasing defense spending beyond NATO’s 2 percent GDP guideline, even if it means reallocating funds from other government initiatives, according to a recent survey by EenVandaag. The Dutch government under former Prime Minister Mark Rutte significantly boosted defense spending, increasing the budget from 11 billion euro in 2023 to 21 billion euro in 2024, …

German cabinet approves contested budget plan
5 months ago

German cabinet approves contested budget plan

China Daily  

Germany's Chancellor Olaf Scholz arrives for the Meeting of the European Political Community at the Blenheim Palace in Woodstock, near Oxford, on July 18, 2024. The German cabinet finally approved its 2025 budget on Wednesday after weeks of negotiations, allocating a record 78 billion euros for investments and 75.3 billion euros for NATO's defense spending target, while halving funds to …

How much is each NATO country spending on its military in 2024?
5 months, 1 week ago

How much is each NATO country spending on its military in 2024?

Al Jazeera  

The 32 members of the world’s most powerful military alliance will spend $1.47 trillion this year. On Wednesday, the world’s most powerful military alliance formally declared Ukraine was on an “irreversible” path to NATO membership and pledged to provide Kyiv with at least $43bn in military aid. In 2006, the alliance’s defence ministers agreed to commit a minimum of 2 …

Germany becomes NATO's 2nd-largest defense spender
6 months ago

Germany becomes NATO's 2nd-largest defense spender

China Daily  

By JULIAN SHEA in London | China Daily Global | Updated: 2024-06-21 09:14 The flag of NATO. Newly published figures show that Germany is the second-largest spender on defense among the 32 member states of the NATO military alliance. This year, defense expenditure in Germany is set to reach $97.7 billion, surpassing the $82.1 billion spent by the United Kingdom, …

Threatened by Russia, will the EU do enough to fund defence?
8 months ago

Threatened by Russia, will the EU do enough to fund defence?

New Indian Express  

BRUSSELS: As Russian forces push back outgunned Ukrainian troops and conflict rocks the Middle East, calls are growing from panicked EU leaders for Europe to finally get serious about funding its own defence. "It is time for the European awakening on defence and security," EU chief Ursula von der Leyen told an industry summit in Brussels this week. Days after …

Netherlands pushing billions into NATO defense spending standard, Ukraine support
8 months, 1 week ago

Netherlands pushing billions into NATO defense spending standard, Ukraine support

NL Times  

The outgoing Dutch government is pushing billions into upping its Defense spending to meet the NATO standard and more support for Ukraine, sources close to the government told RTL Nieuws. This year, Ukraine will get an additional 400 million euros in military support from the Netherlands, according to the broadcaster’s sources. The government also set aside 1.5 billion euros to …

German Cabinet approves a lower 2024 budget as it eyes a return to financial ‘normality’
1 year, 5 months ago

German Cabinet approves a lower 2024 budget as it eyes a return to financial ‘normality’

Associated Press  

BERLIN — Germany’s Cabinet on Wednesday approved a draft 2024 budget that foresees lower spending, with defense among the exceptions, as Europe’s biggest economy sticks to rules limiting borrowing that were suspended during the coronavirus pandemic. Germany plans to reach a NATO target of spending 2% of gross domestic product on defense next year, a measure on which it has …

Budget 2023: Jeremy Hunt reveals £11bn for defence spending
1 year, 9 months ago

Budget 2023: Jeremy Hunt reveals £11bn for defence spending

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Jeremy Hunt said Rishi Sunak’s government would add £11bn to Britain’s …

Defence boost is 'biggest investment' since end of the Cold War
2 years, 6 months ago

Defence boost is 'biggest investment' since end of the Cold War

Dutch News  

The total extra budget for the defence ministry is the biggest investment in the armed forces since the end of the Cold War, defence minister Kajsa Ollongren said on Wednesday. ‘We are building an agile and future-proof armed forces by investing in our people, support, equipment and cooperation.’ ‘Strengthening cooperation will make the Netherlands stronger and Europe safer,’ she said. …

Defence boost is 'biggest investment' since end of the Cold War
2 years, 6 months ago

Defence boost is 'biggest investment' since end of the Cold War

Dutch News  

The total extra budget for the defence ministry is the biggest investment in the armed forces since the end of the Cold War, defence minister Kajsa Ollongren said on Wednesday. ‘We are building an agile and future-proof armed forces by investing in our people, support, equipment and cooperation.’ ‘Strengthening cooperation will make the Netherlands stronger and Europe safer,’ she said. …

German parties reach deal on $107bn defence spending boost
2 years, 6 months ago

German parties reach deal on $107bn defence spending boost

Al Jazeera  

The deal will allow Berlin to achieve NATO’s target of spending 2 percent of GDP on defence ‘on a multi-year average’. Germany’s governing coalition and the main opposition party have reached a deal to move ahead with a significant boost in defence spending that Chancellor Olaf Scholz announced three months ago. The German leader said three days after Russia invaded …

Sweden announces plan for significant boost in military spending
2 years, 9 months ago

Sweden announces plan for significant boost in military spending

Al Jazeera  

The Swedish government plans to raise military spending to two percent of GDP over the threat from Russia’s war in Ukraine. Sweden’s government has announced plans for a significant boost in military spending to two percent of gross domestic product “as soon as possible”, citing the security threat from Russia’s war in Ukraine. The Scandinavian country, which during the Cold …

Dutch gov't agrees to push extra money into development cooperation: report
4 years, 5 months ago

Dutch gov't agrees to push extra money into development cooperation: report

NL Times  

The coalition parties have come to an agreement to push a once-off amount of 500 million euros extra into the budget for foreign development cooperation, sources in The Hague told NOS. As the development cooperation budget is linked to gross national income, the economic crisis caused by the coronavirus threatened to lower this budget. But thanks to the measures the …

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