Europe's road to rearmament
ING THINK aloud13 Mar 2025

Europe's road to rearmament

President Trump’s decision to temporarily suspend military support for Ukraine, coupled with his implicit threat to withdraw US forces from Europe unless Nato allies increase their defence spending, has upended the near 80-year transatlantic alliance, and left European countries scrambling to respond.

European Commission President Ursula von der Leyen has called for a ‘surge’ in defence spending and said nothing is off the table when it comes to raising money. Last week, she unveiled an €800bn plan to allow member states to increase spending and borrow money for defence purposes without violating the bloc’s strict budget rules.

But some EU member states have already pushed back, with highly indebted countries like Italy worried about the financial strain of the plan and Germany concerned about the implications for its fiscal conservatism.

So who will pay, how much will they pay, and what will it all mean for Europe’s economy, markets, and security?

In this podcast, ING’s Global Head of Macro Carsten Brzeski and Netherlands' Chief Economist Bert Colijn discuss the hard political and financial choices ahead for Europe and the chances of success.

Episoder(125)

Car ownership and car sharing in a post-Covid world

Car ownership and car sharing in a post-Covid world

The coronavirus, and associated lockdowns around the world, have upended all sectors of the global economy. But the car industry, which was already struggling before the pandemic, has been particularl...

20 Mai 202010min

Digital currencies: 'Total scam' or moving into the mainstream?

Digital currencies: 'Total scam' or moving into the mainstream?

Lebanese protestors held a mock funeral for their local currency earlier this month after a financial crisis, exacerbated by the coronavirus, sent it into a tailspin. With other emerging markets also ...

13 Mai 202011min

Lockdown lessons from Asia

Lockdown lessons from Asia

As the US and UK move to ease lockdown measures, we look to countries that have already emerged from quarantine for clues about what to expect in the weeks ahead. In this podcast, ING's Head of Asia P...

6 Mai 202016min

Fallen angels: The devil in disguise?

Fallen angels: The devil in disguise?

Unlike the Federal Reserve, the European Central Bank has not yet discussed adding junk bonds to its asset purchase programme. But President Christine Lagarde has signalled that this option remains on...

30 Apr 202015min

Why the Great Oil Crash may not be over

Why the Great Oil Crash may not be over

Global oil prices have recovered some ground after tanking this week to historic lows. But the outlook for crude still looks bleak. In this podcast, ING's Head of Commodities Strategy Warren Patterson...

23 Apr 202015min

Covid-19 and the future of the euro project

Covid-19 and the future of the euro project

European finance ministers have agreed on a €540 billion package of support for the Eurozone. But the thorny issue of debt sharing remains unresolved. Can the euro project survive without it? In this ...

16 Apr 202014min

Britain's economic challenges build, despite bold stimulus

Britain's economic challenges build, despite bold stimulus

The hospitalisation of UK Prime Minister Boris Johnson adds another layer of uncertainty to the British economy, which is already suffering from an almost complete shutdown of activity. In this podcas...

9 Apr 202011min

Covid-19: The lockdown, the recession, the recovery

Covid-19: The lockdown, the recession, the recovery

President Trump extends social distancing in the US until the end of April. But like other countries around the globe, the move to limit the spread of the virus will come at a severe economic cost. In...

2 Apr 202012min

Populært innen Business og økonomi

lydartikler-fra-aftenposten
stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
livet-pa-veien-med-jan-erik-larssen
finansredaksjonen
pengepodden-2
pengesnakk
utbytte
rss-sunn-okonomi
morgenkaffen-med-finansavisen
stormkast-med-valebrokk-stordalen
liberal-halvtime
tid-er-penger-en-podcast-med-peter-warren
lederpodden
rss-politisk-preik
okonomiamatorene
rss-markedspuls-2