• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

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
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    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.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on June 25, 2025

    Featured image for article about Headlines

    By Andrew Gray, Sabine Siebold, Lili Bayer and Anthony Deutsch

    THE HAGUE (Reuters) -Lavishing praise, playing the royal card and copying his slogans – NATO pulled out all the stops to keep Donald Trump happy and hold the alliance together at a summit in The Hague.

    The plan came off, although it largely avoided tough topics of vital importance to NATO such as the war in Ukraine, Russia strategy and a likely drawdown of U.S. troops in Europe. Sooner or later, NATO will have to deal with them too.

    As NATO boss Mark Rutte had planned, the main summit outcomes were a vow by the allies to heed Trump's call to spend 5% of GDP on defence - a big increase on the current 2% target - and a renewed U.S. commitment to NATO's mutual defence pact.

    That is a far cry from a few months ago, when transatlantic ties were so tense that Friedrich Merz, now Germany's chancellor, wondered openly after his election win whether NATO would exist in its current form by the time of the Hague summit.

    There was nothing subtle about NATO's strategy to keep Trump on board. Rutte gushed with compliments in a message to Trump, made public by the U.S. president as he flew to The Hague.

    "You will achieve something NO American president in decades could get done," the former Dutch prime minister said in his message, putting some of his words in capitals like Trump.

    "Europe is going to pay in a BIG way, as they should, and it will be your win."

    Right before the summit, in another sign of chumminess with Trump, Rutte reacted to the U.S. president's comments berating Iran and Israel by saying that "daddy has to sometimes use strong language".

    Given Trump's threats to quit NATO in his first term and not to protect allies who failed to spend enough on defence, the stakes for NATO have been high.

    Most NATO members see Russia as an increasingly direct threat to their security following the 2022 invasion of Ukraine, and know they would struggle badly to defend themselves against attack without their nuclear-armed superpower ally.

    After the summit, Trump's previously harsh rhetoric on NATO had been replaced by something very different.

    "I left here saying that these people really love their countries. It's not a rip-off, and we're here to help them, protect them," he told reporters.

    Trump only criticised Spain for not signing up to the new defence spending target and said it would pay up another way - in its trade relations with the United States.

    Many European nations will find it tough economically to meet the target, but that issue was left for another day.

    CHARM OFFENSIVE

    As part of NATO's Hague charm offensive, Trump was granted the rare honour of staying overnight at the ornate royal palace of Dutch King Willem-Alexander before the summit.

    The king hosted a three-course meal for leaders prepared by 20 chefs and served by 18 footmen in the baroque 17th century "Orange Hall" in the Huis ten Bosch palace.

    At the start of the summit, other NATO leaders lined up to praise Trump. Lithuanian President Gitanas Nauseda suggested the alliance adopt the motto "Make NATO Great Again".

    Rutte kept the summit short and simple, minimising the risks of any blow-ups with Trump.

    Ukrainian President Volodymyr Zelenskiy had to settle for a seat at the pre-summit dinner rather than the main meeting, although he held a separate meeting with Trump after the summit.

    The summit's final statement ran to just five paragraphs - compared with 38 in the text from last year's leaders' meeting in Washington.

    It does not explicitly describe Russia's military action in Ukraine as a war or invasion, nor does it repeat or reaffirm a previous pledge that Ukraine will one day join the alliance.

    By focusing on reaffirming commitments to NATO and the new spending pledge, it papered over major differences between Washington and many European allies on Russia and Ukraine.

    To the discomfort of many Europeans, Trump has taken a more conciliatory stance with Moscow and been less supportive of Kyiv than his predecessor Joe Biden as he seeks to end the war.

    While such diplomatic fudges may hold NATO together for now, it will be hard for the alliance to function effectively if there is a major long-term difference between the United States and Europe on a question as fundamental as how to handle Russia.

    "A NATO summit that essentially ignores the war that is still raging in Ukraine should worry all of us," said Julianne Smith, who served as the U.S. ambassador to NATO under the Biden administration.

    Peter Bator, Slovakia's former ambassador to NATO, said "we have just missed an opportunity to send a strategic message to the ruler in the Kremlin. And it will cost us in our security".

    NATO officials will now be watching to see whether Trump's newfound enthusiasm for the alliance is reflected in his administration's ongoing review of U.S. military posture, as Europe relies heavily on U.S. forces for its security.

    European leaders say they are committed to taking on more of that responsibility but they are anxious to ensure any transfer is done in an orderly and gradual way.

    "You can feel the anxiety when talking to senior European officials about this," said Oana Lungescu, distinguished fellow at RUSI and former NATO spokesperson.

    "Most expect the Pentagon to start pulling out some troops and capabilities, but nobody knows how many and how soon."

    (Additional reporting by John Irish, Jeff Mason and Gram Slattery; Editing by Aidan Lewis)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    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