Europe’s Defense Dilemma: Can the 3.5% GDP Spending Target Be Reached by 2035?
Europe is scrambling to fulfill a NATO agreement reached a year ago to increase defense spending to 3.5% of GDP by 2035. As reported by The Economist, European allies are striving to revitalize their armed forces to counter potential Russian aggression, especially in light of shifting geopolitical realities and the possibility of reduced US support. […]