Trump, Putin announce 'understanding' on Ukraine after Alaska summit    Al Nassr sign Kingsley Coman from Bayern Munich in €30m deal    Saudi climate center launches project to digitize 73 years of weather records    Data centers to be expanded across UK as concerns mount    Saudi Arabia approves digital ID use for non-resident foreigners to own property    Civil Defense warns of heavy rains, flooding risk in parts of Saudi Arabia    31 Arab, Islamic nations condemn Netanyahu's 'Greater Israel' remarks and settlement expansion    Trump and Putin shake hands in Alaska for high-stakes summit    California governor unveils voting lines plan to counter Texas Republicans    Saudi Arabia launches media scholarship track to develop local talent    Des Buckingham takes charge of Al Kholood ahead of new RSL season    Music Commission to present 'Marvels of Saudi Orchestra' at Palace of Versailles on September 5    AI designs antibiotics for gonorrhoea and MRSA superbugs    HONOR introduces HONOR Magic V5 foldable at a premium regional event in Dubai    Saudi referee Reem Al-Bishi selected for FIFA Women's Futsal World Cup in Philippines    Ministry announces new regulatory requirements for factories within and outside urban areas    Universal Inspection Co. Ltd. (UIC): Transforming industrial excellence with world-class precision    Al Nassr arrive in Hong Kong targeting Saudi Super Cup glory    Red Sea International achieves 44% growth in operating profits for H1 2025 The company announces Q2 2025 financial results    Baby Shark did not plagiarize, South Korea's top court rules    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Sixteen EU countries to trigger clause increasing defense spending
Published in The Saudi Gazette on 02 - 05 - 2025

More than half of all EU countries intend to make use of an exemption allowing them to go over budgetary limits in order to boost military spending, the European Council has said.
The European Commission proposed earlier this year that members could use an emergency clause to spend up to 1.5% of their GDP on defense investments over the next four years without breaching rules on public deficits and debt.
The move came after the Trump administration suggested that Europe should pay more to defend itself and amid security concerns over Russia's ongoing war in Ukraine.
Germany and Poland are leading the group of countries that have indicated they want to do so, the EU said in a statement on Wednesday.
Hungary and Slovakia, whose governments are considered to be Moscow-friendly, are notably listed as well.
The other EU member states who have decided to request the activation of the so-called escape clause include Belgium, Denmark, Finland, Estonia, Latvia, Lithuania, Greece, Portugal, Slovenia, the Czech Republic, Croatia and Bulgaria, the European Council said.
"We remain open to further exemption requests," the EU's Economic Commissioner Valdis Dombrovskis added.
The clause could allow hundreds of billions of euros to be spent on rearming the continent by 2030.
Although military spending has increased within the EU by 31% since 2021, many member states are keen to increase defense expenditure further.
Incoming German Chancellor Friedrich Merz has said that Europe must act quickly for the sake of its security.
"In view of the threats to our freedom and peace on our continent, the rule for our defense now has to be 'whatever it takes,'"' he said in March.
Announcing an EU defense package in March, European Commission President Ursula von der Leyen spoke plainly about the dangers Europe found itself in.
"We are in an era of rearmament. And Europe is ready to massively boost its defense spending," she said.
"Both to respond to the short-term urgency to act and to support Ukraine but also to address the long-term need to take on much more responsibility for our own European security." — Euronews


Clic here to read the story from its source.