Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > EU defence spending burden must be shared better: French finance minister
    Headlines

    EU defence spending burden must be shared better: French finance minister

    EU defence spending burden must be shared better: French finance minister

    Published by Global Banking and Finance Review

    Posted on February 17, 2025

    Featured image for article about Headlines

    BRUSSELS (Reuters) - European countries need to do a better job of sharing the burden of financing defence, French Finance Minister Eric Lombard said on Monday amid calls for Europe to boost defence spending.

    If European Union countries want to be serious about seeking strategic autonomy, they need first to increase their defence spending, Lombard told journalists.

    "France is doing part of the job and we would like that this effort should be shared more equally among member states," he said as he arrived for a meeting with euro area counterparts.

    With an annual defence budget of about 60 billion euros ($63 billion), France spends 2% of its gross domestic product on defence in line with the NATO guidelines.

    Croatia, Portugal, Italy, Belgium, Luxembourg, Slovenia and Spain all spend less than the 2% target, according to NATO data.

    ($1 = 0.9549 euros)

    (Reporting by Thomas Leigh; Editing by Makini Brice and Sharon Singleton)

    Related Posts
    US hits ISIS in Syria with large retaliatory strikes, officials say
    US hits ISIS in Syria with large retaliatory strikes, officials say
    Australian lifesavers return to duty at Bondi Beach after massacre
    Australian lifesavers return to duty at Bondi Beach after massacre
    Russia's Dmitriev heading for US to meet Witkoff, Kushner, source says
    Russia's Dmitriev heading for US to meet Witkoff, Kushner, source says
    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done
    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done
    Israeli attack on school shelter in Gaza City kills 5 Palestinians, hospital chief says
    Israeli attack on school shelter in Gaza City kills 5 Palestinians, hospital chief says
    Russian missiles attack port near Ukraine's Odesa, kill seven, officials say
    Russian missiles attack port near Ukraine's Odesa, kill seven, officials say
    Rubio says new governance bodies for Gaza will be in place soon, followed by international force
    Rubio says new governance bodies for Gaza will be in place soon, followed by international force
    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion
    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion
    US intelligence indicates Putin's war aims in Ukraine are unchanged
    US intelligence indicates Putin's war aims in Ukraine are unchanged
    Bondi attack suspects kept to themselves during Philippines stay, hotel staffer recalls
    Bondi attack suspects kept to themselves during Philippines stay, hotel staffer recalls
    UK author David Walliams dropped by publisher after harassment allegations
    UK author David Walliams dropped by publisher after harassment allegations
    Germany removes dividend ban for Uniper, paving way for IPO
    Germany removes dividend ban for Uniper, paving way for IPO

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostAustrian knife attack suspect was radicalised on TikTok, officials say
    Next Headlines PostItaly's Meloni vows to overcome all obstacles to Albanian migrant deal

    More from Headlines

    Explore more articles in the Headlines category

    Golden Goose gets new majority owner as China's HSG buys stake from Permira

    Golden Goose gets new majority owner as China's HSG buys stake from Permira

    Rubio says not concerned about escalation with Russia over Venezuela

    Rubio says not concerned about escalation with Russia over Venezuela

    French government to appeal court ruling on Shein

    French government to appeal court ruling on Shein

    Rome to charge tourists to get close to the famed Trevi Fountain

    Rome to charge tourists to get close to the famed Trevi Fountain

    Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit

    Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit

    German court jails man for drugging, raping wife, posting assaults online

    German court jails man for drugging, raping wife, posting assaults online

    Rubio says progress has been made in talks to end war in Ukraine, but still a ways to go

    Rubio says progress has been made in talks to end war in Ukraine, but still a ways to go

    UniCredit issues its first tokenised structured note

    UniCredit issues its first tokenised structured note

    Ukraine starts new round of talks with US, Kyiv negotiator says

    Ukraine starts new round of talks with US, Kyiv negotiator says

    Turkey finds Russian Orlan-10 drone in northwestern city – interior ministry

    Turkey finds Russian Orlan-10 drone in northwestern city – interior ministry

    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

    NATO sees positive signs Czech ammunition scheme for Kyiv may continue

    NATO sees positive signs Czech ammunition scheme for Kyiv may continue

    View All Headlines Posts