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HeadlinesSweden Halves 2025 Growth Forecast to 0.9% on Trade Uncertainty
At Nato, UK's Starmer Pledges Increase in Defence Spending to 5%
Japanese Leader Joins Regional Allies in Skipping NATO Summit
EXPLAINER-What Is NATO's New 5% Defence Spending Target?
Slovakia Reserves Right to Decide Pace of Defence Spending Rise, PM Fico Says
Date: June 23, 2025
(Reuters) -Slovakia has to reserve the right to decide how fast to raise spending towards NATO's new targets for 2035 and any increase in outlays next year will go to dual-use projects like roads and...
Italy to Gradually Meet New NATO Spending Target, Seeks New EU Budget Rules
Date: June 23, 2025
By Giuseppe Fonte ROME (Reuters) -The Italian government will fully comply with a new NATO spending target of 5% of gross domestic product on defence and security, Prime Minister Giorgia Meloni said...
Rutte Aims to Steer NATO Summit Around Trump Turbulence
Date: June 23, 2025
By Anthony Deutsch THE HAGUE (Reuters) -Dutch politician Mark Rutte, appointed to navigate NATO's tricky relationship with Donald Trump, looks set to nail his first summit as secretary general after...
Germany to Raise Defence Spending to 3.5% of GDP by 2029, Sources Say
Date: June 23, 2025
By Maria Martinez BERLIN (Reuters) -Germany will boost defence spending to 3.5% of gross domestic product by 2029, sources said on Monday, aiming to send a strong signal with its 2025 budget ahead of...
Spain's Trade Deficit Widens Almost 49% in Jan-April From Same Period a Year Ago
Date: June 23, 2025
(Reuters) -Spain's trade deficit widened 48.8% in the first four months of 2025 from the same period a year earlier to 18.98 billion euros ($21.76 billion), the Economy ministry said on Monday....
German Industrial Lobby Group Cuts 2025 Economic Forecast as US Tariffs Weigh
Date: June 23, 2025
(Reuters) -The German economy is set to contract more than previously expected in 2025 as U.S. tariffs weigh on exports, the BDI industry association said on Monday, forecasting a 0.3% contraction in...