EPISODE · Jun 26, 2025 · 26 MIN
NATO leaders reaffirm 5% spending target
from Squawk Box Europe Express
NATO leaders agree to ramp up defence spending to 5% of GDP, with Europe breathing a sigh of relief as U.S. President Donald Trump renews his commitment to the military alliance. Over in Brussels, attention now turns to the European Council summit - with the bloc's leaders set to discuss how to align defence efforts around ongoing support for Ukraine and a volatile situation in the Middle East. Meanwhile, Shell denies renewed reports it is in early stage talks to buy rival BP - a deal that could create an energy giant worth some £200 billion. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What this episode covers
NATO leaders agree to ramp up defence spending to 5% of GDP, with Europe breathing a sigh of relief as U.S. President Donald Trump renews his commitment to the military alliance. Over in Brussels, attention now turns to the European Council summit - with the bloc's leaders set to discuss how to align defence efforts around ongoing support for Ukraine and a volatile situation in the Middle East. Meanwhile, Shell denies renewed reports it is in early stage talks to buy rival BP - a deal that could create an energy giant worth some £200 billion.
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NATO leaders reaffirm 5% spending target
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