View full page at forexfactory.com

 

Europe must not bow to U.S. spending demands on NATO: EU's Juncker

From reuters.com

European Commission President Jean-Claude Juncker said on Thursday that Europe must not cave in to U.S demands to raise military spending, arguing that development and humanitarian aid could also count as security. U.S. President Donald Trump has raised questions about his commitment to the NATO defense alliance if European countries do not raise defense spending to 2 percent of economic output. The United States puts up 70 percent of alliance funds. U.S. Defense Secretary Jim Mattis warned North Atlantic Treaty Organization allies on Wednesday that they must honor military spending pledges to make sure the United ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News