Europe’s Defense Reset Hits Banking Blockage
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
NATO’s Rutte Urges Defense Contractors to Ramp Up, Welt Says
(Bloomberg) -- 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 ...
Bankers Race to Catch Up With EU Defense Goals in Stunning Reset
As Europe makes defense the bloc’s No. 1 priority, it’s bumping up against its own bankers. Defense industry executives, politicians and senior bankers alike are now calling for an urgent revamp of ...
Musk Calls on US to Quit NATO, Stop Paying for Defense of Europe
Billionaire Elon Musk threw his weight behind a US exit from NATO, saying on his social media platform that it “doesn’t make ...
Trump Tariff Aid To Farmers May Again Exceed U.S. Nuclear Weapons Cost
The Trump administration may pay more taxpayer dollars to farmers harmed by Trump’s tariffs than on nuclear delivery systems ...
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Bankers race to catch up with EU defence goals in stunning reset
The urgent need to ramp up Europe’s military defences was laid bare during a now infamous Oval Office meeting, in which ...
Support Grows for Increased Defense Spending in France, UK
The Trump administration’s rapidly-changing policies on Europe and Ukraine are boosting support for increased defense ...
EU Sees No Need to De-Risk Relations with US, Von der Leyen Says
European Commission President Ursula von der Leyen said that even as “decades-old certainties are crumbling” in Europe’s ...