Can Europe Actually Spend 5% of GDP on Defence?

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TLDR News EU

Shared February 1, 2025

Compare news coverage. Spot media bias. Avoid algorithms. Try Ground News today and get 40% off your subscription by going to ground.news/tldr In recent years, European NATO members have been ramping up their defence spending in response to the Russian invasion of Ukraine. But, with Trump back in the office and mandating 5% GDP spending, the question is, can anyone afford it? 📰 Too Long: toolong.news/ 🎞 TikTok: www.tiktok.com/@tldrnews 💡 Got a Topic Suggestion? - forms.gle/mahEFmsW1yGTNEYXA Support TLDR on Patreon: www.patreon.com/tldrnews Donate by PayPal: tldrnews.co.uk/funding Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! ////////////////////// How NATO increased defence spending www.atlanticcouncil.org/blogs/econographics/whos-a… www.economist.com/graphic-detail/2017/02/16/milita… www.aljazeera.com/news/2024/7/11/how-much-does-eac… www.bbc.co.uk/news/world-europe-18023383 Peace dividend context www.wsj.com/world/europe/europe-has-a-painful-choi… www.nytimes.com/interactive/2025/01/25/world/europ… theconversation.com/defence-cuts-effectively-paid-… Lithuania and Estonia pledge to meet 5% www.ft.com/content/a999f239-3104-419a-95dc-bf9c042… Europe split on 5% target www.politico.eu/article/donald-trump-tells-allies-… Poland supports 5% www.reuters.com/world/europe-should-welcome-trumps… EU countries running deficits www.ft.com/content/5125db1e-a0c4-4d5e-9960-59ee781… Europe’s welfare states at risk www.aol.com/europe-welfare-states-risk-trump-07005… Joint borrowing for defence www.bloomberg.com/news/articles/2024-12-05/eu-defe… 00:00 - Introduction 01:03 - Current Spending 03:39 - New Target 07:19 - Conclusion 07:44 - Sponsored Cont