Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

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 © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & 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 > Kremlin says NATO air defence plan is confrontational and will cost European taxpayers
    Headlines

    Kremlin says NATO air defence plan is confrontational and will cost European taxpayers

    Published by Global Banking & Finance Review®

    Posted on June 9, 2025

    2 min read

    Last updated: January 23, 2026

    Kremlin says NATO air defence plan is confrontational and will cost European taxpayers - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

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

    Subscribe

    Tags:GDPEuropean economiesmonetary policyfinancial marketsinternational organizations

    Quick Summary

    The Kremlin criticizes NATO's air defence plans, calling them costly for European taxpayers and confrontational, as NATO seeks a significant increase in defence spending.

    Kremlin Criticizes NATO's Air Defense Plans as Costly for Europe

    MOSCOW (Reuters) -The Kremlin said on Monday that NATO's plan for a huge boost to its air and missile defence capabilities was confrontational and would come at the expense of European taxpayers who were being asked to pay to defuse a threat that did not exist.

    NATO Secretary General Mark Rutte, who is pushing for members to boost defence spending to 3.5% of GDP and commit a further 1.5% to broader security-related spending, was due to use a speech in London on Monday to say that the alliance needed a 400% increase in air and missile defence.

    Asked about Rutte's planned remarks on air and missile defence, Kremlin spokesman Dmitry Peskov told reporters:

    "(NATO) is not an instrument for maintaining stability and security on the continent. It is an instrument created for confrontation and has so far kept its true nature disguised. Now it is showing its real nature."

    Peskov said European taxpayers were the ones who would suffer.

    "European taxpayers will spend their money to defuse some threat that they say comes from our country, but it is nothing but an ephemeral threat," said Peskov.

    (Reporting by Dmitry Antonov; Editing by Andrew Osborn/Mark Trevelyan)

    Key Takeaways

    • •Kremlin labels NATO's air defence plan as confrontational.
    • •European taxpayers may bear the financial burden.
    • •NATO aims to increase defence spending significantly.
    • •Kremlin views NATO as a tool for confrontation.
    • •The perceived threat from Russia is deemed 'ephemeral' by the Kremlin.

    Frequently Asked Questions about Kremlin says NATO air defence plan is confrontational and will cost European taxpayers

    1What did the Kremlin say about NATO's air defense plan?

    The Kremlin described NATO's air defense plan as confrontational and suggested it would burden European taxpayers.

    2Who is Mark Rutte and what is he advocating for?

    Mark Rutte is NATO Secretary General advocating for member countries to increase defense spending to 3.5% of GDP.

    3What did Dmitry Peskov say about the nature of NATO?

    Dmitry Peskov stated that NATO is not an instrument for stability but rather one created for confrontation, revealing its true nature.

    4How will European taxpayers be affected according to the Kremlin?

    The Kremlin claims that European taxpayers will bear the costs of addressing a threat from Russia, which they argue is an exaggerated concern.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Two airports in Poland closed due to Russian strikes on Ukraine
    Two airports in Poland closed due to Russian strikes on Ukraine
    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Olympics-Italy's president takes the tram in video tribute to Milan transport
    Olympics-Italy's president takes the tram in video tribute to Milan transport
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Image for Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    View All Headlines Posts
    Previous Headlines PostAnalysis-Aluminium producers in the US win from Trump's tariffs
    Next Headlines PostApple opens its AI to developers but keeps its broader ambitions modest