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RE: LeoThread 2025-01-20 23:08

in LeoFinance18 days ago

Part 5/10:

As various EU countries strive to reach the NATO benchmark of 2%, the numbers present a concerning picture. Even with anticipated increases in military budgets, when adjusted for purchasing power, Russia's defense spending is nearly equal to that of the entire EU combined—a reality that poses grave national security concerns for European nations.

Examining NATO Spending Proposals

Looking towards the future, the proposed 3% GDP spending guideline would necessitate drastic increases in defense spending among NATO members. If implemented, this could lead to a radical reshuffling of global military spending rankings. Germany, for instance, could ascend to third place worldwide as its defense budget doubles, while the UK and France would also make significant moves upwards.