Polish PM urges EU to increase defense spending in order to 'survive'

investing.com 22/01/2025 - 10:47 AM

EU Defense Spending Urged by Polish PM

Polish Prime Minister Donald Tusk urged the European Union (EU) on Wednesday to increase its defense spending in response to a growing global uncertainty.

Speech at European Parliament

Speaking to the European Parliament in Strasbourg, France, Tusk highlighted the necessity for the EU to be armed for its own survival.

Poland, currently holding the EU’s six-month rotating presidency until June, has prioritized enhancing the security of the 27-member bloc.

Context of Increased Spending

This call for increased defense spending is particularly relevant as Russia’s war on Ukraine, which borders the EU to the east, approaches its third year.

Tusk’s plea is further supported by US President Donald Trump’s recent inauguration, during which he emphasized his expectations for NATO allies to boost defense spending to at least 5% of their economic output, more than double NATO’s current benchmark of 2%.

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