Join Investment IQ for free today
Sign up for free and get access to thousands of financial insights and articles curated by our expert team
Benefits:
- Signup once to gain access
- Completely free membership
- Carefully curated content
- Browse thousands of articles
- Search content easily
- Friction-free access
Europe ramps up defence spending after Trump’s 2024 win
- Financial Advice
-
PDF Download
- 06.11.24
-
With Donald Trump’s return to the White House, questions over US commitments to NATO and European security have intensified. European countries are expected to accelerate efforts to “Trump-proof” their security, increasing defence spending to build a more self-reliant structure. Many NATO allies have already ramped up budgets, with countries like the UK committing billions and Poland aiming for 5% of GDP in defence by 2025. This shift toward strategic autonomy presents a significant opportunity for European defence stocks, as countries continue to bolster their military capabilities and reduce...