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 > After critical remarks in Munich, Vance adopts more conciliatory tone toward Europe
    Headlines

    After critical remarks in Munich, Vance adopts more conciliatory tone toward Europe

    After critical remarks in Munich, Vance adopts more conciliatory tone toward Europe

    Published by Global Banking and Finance Review

    Posted on May 7, 2025

    Featured image for article about Headlines

    By Jeff Mason and Andrea Shalal

    WASHINGTON (Reuters) - U.S. Vice President JD Vance on Wednesday said Europe and the United States were "on the same team" but needed a better joint security posture, taking a more conciliatory tone after alarming allies with sharp remarks during a visit to Germany in February.

    During an event in Washington sponsored by the Munich Security Conference, Vance reiterated his and President Donald Trump's belief that Europe needed to take on more responsibility related to defense. Vance said both sides of the Atlantic had become too comfortable with an outdated security system that was not adequate to meet the challenges of the next 20 years.

    The vice president has played an attack dog role repeatedly for Trump on foreign policy but stepped back from that approach in his remarks at the conference on Wednesday.

    "I do still very much think that the United States and Europe are on the same team," he said, noting how European and American culture and civilizations were linked.

    "It's completely ridiculous to think that you're ever going to be able to drive a firm wedge between the United States and Europe. Now that doesn't mean we're not going to have disagreements."

    Earlier this year in Munich, Vance accused European leaders of censoring free speech and failing to control immigration, drawing a rebuke from German Defense Minister Boris Pistorius that the U.S. vice president was calling into question democracy in Germany and in Europe as a whole.

    Vance last week joined other members of Trump's circle, including Secretary of State Marco Rubio, in criticizing a move by Germany's domestic intelligence agency to classify the far-right Alternative for Germany party as an "extremist" group, enabling it to step up monitoring of the biggest opposition party.

    But on Wednesday, Vance adopted a less antagonistic tone toward Washington's long-time ally and NATO partners. He said his February remarks were aimed as much at the administration of former President Joe Biden as they were at European partners.

    Wolfgang Ischinger, the former chairman of the Munich Security Conference who now serves as president of the MSC Foundation Council, invited Vance to return to Germany for the group's main conference again next year.

    “I wasn’t sure after February whether I would get the invitation back, but it’s good to know it’s still there,” Vance joked.

    "Well, we thought about it," Ischinger quipped back, to laughter.

    The audience, which included diplomats and national security experts, applauded when Vance got up to leave. They had not done so when he came on stage.

    Vance addressed a handful of foreign policy topics during his question and answer session with Ischinger, a former ambassador.

    More than 100 days into Trump's administration, Vance said he was not pessimistic about the chances of ending Russia's war with Ukraine. He has previously threatened that the United States would walk away from negotiations if the two sides did not show progress.

    He said Washington would not be able to mediate an end to the war without direct talks between the two sides and urged Russia and Ukraine to agree on some guidelines to make that happen.

    "Right now the Russians are asking for a certain set of requirements, a certain set of concessions in order to end the conflict. We think they're asking for too much," said Vance, who has previously taken a hard line on Ukraine.

    Vance urged the European Union to lower its tariffs and regulatory barriers, a major grievance for Trump that has fueled his determination to install reciprocal tariffs.

    He also spoke positively about U.S. talks with Iran over its nuclear program, saying there was a deal to be made that wouldreintegrate Iran into the global economy while preventing itfrom getting a nuclear weapon.

    "So far, so good," he said. "We've been very happy by how the Iranians have responded to some of the points that we've made."

    During his first term, Trump withdrew the U.S. from a 2015 nuclear deal with Iran that had been negotiated by European and other world powers.

    (Reporting by Jeff Mason and Andrea Shalal; additional reporting by Katharine Jackson; Editing by Colleen Jenkins and Deepa Babington)

    Related Posts
    FCAS fighter jet "very unlikely" after ministers' talks, source says
    FCAS fighter jet "very unlikely" after ministers' talks, source says
    Campari holding reaches 405 million euro tax settlement
    Campari holding reaches 405 million euro tax settlement
    Universal offers to sell Downtown's Curve to win EU approval, source says
    Universal offers to sell Downtown's Curve to win EU approval, source says
    Reactions to European Commission proposal to reverse 2035 combustion engine ban 
    Reactions to European Commission proposal to reverse 2035 combustion engine ban 
    Italy's offshore wind push languishes, putting climate goals at risk
    Italy's offshore wind push languishes, putting climate goals at risk
    New Rome metro stations showcase ancient treasures after years of delays
    New Rome metro stations showcase ancient treasures after years of delays
    New Czech government signals tough stance on migration, EU emissions rules
    New Czech government signals tough stance on migration, EU emissions rules
    What's in the European Commission's proposals to reverse 2035 combustion engine ban? 
    What's in the European Commission's proposals to reverse 2035 combustion engine ban? 
    Zaporizhzhia nuclear plant running on single power line, Russia says
    Zaporizhzhia nuclear plant running on single power line, Russia says
    No news on whereabouts or health of Iranian Nobel laureate Narges Mohammadi, supporters say
    No news on whereabouts or health of Iranian Nobel laureate Narges Mohammadi, supporters say
    EU talks to fund Ukraine with Russian assets make progress, key decisions seen Thursday
    EU talks to fund Ukraine with Russian assets make progress, key decisions seen Thursday
    Germany wraps up Patriot air defence mission in Poland
    Germany wraps up Patriot air defence mission in Poland

    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 PostReduced to rubble: India strikes alleged headquarters of militant groups in Pakistan's heartland
    Next Headlines PostRomanian hard-right frontrunner Simion leads opinion poll before vote run-off

    More from Headlines

    Explore more articles in the Headlines category

    Bosnian police detain two officials over deadly retirement home fire

    Bosnian police detain two officials over deadly retirement home fire

    Explainer-Bondi Beach suspects travelled to Philippine region known for Islamist militancy

    Explainer-Bondi Beach suspects travelled to Philippine region known for Islamist militancy

    Family of Bondi hero in Syria says his home country is proud of him

    Family of Bondi hero in Syria says his home country is proud of him

    UK police charge two men with belonging to Hezbollah, attending terrorism training

    UK police charge two men with belonging to Hezbollah, attending terrorism training

    Exclusive-Saudi firm Midad among frontrunners to buy Lukoil's global assets, sources say

    Exclusive-Saudi firm Midad among frontrunners to buy Lukoil's global assets, sources say

    UK police arrest teenage boy for murder after 9-year old girl dies

    UK police arrest teenage boy for murder after 9-year old girl dies

    Russia is main treat to peace in Euro-Atlantic area, eight northern and eastern European countries say

    Russia is main treat to peace in Euro-Atlantic area, eight northern and eastern European countries say

    UK to review foreign interference in politics after ex-Reform member's Russia bribery case

    UK to review foreign interference in politics after ex-Reform member's Russia bribery case

    Russia calls German broadcaster Deutsche Welle an 'undesirable organisation'

    Russia calls German broadcaster Deutsche Welle an 'undesirable organisation'

    Italy plans 2.4 billion euros investment in frigates, document shows

    Italy plans 2.4 billion euros investment in frigates, document shows

    Swedish greenhouse gas emissions on rise again after government relaxes fuels policy, data shows

    Swedish greenhouse gas emissions on rise again after government relaxes fuels policy, data shows

    Eurovision host says it will not drown out any boos during Israel's performance

    Eurovision host says it will not drown out any boos during Israel's performance

    View All Headlines Posts