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EU leaders boost defence spending to support Ukraine

EU leaders vow to boost defence spending and support Ukraine amid US aid uncertainty, stressing Europe’s military capability against Russia.

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4 months ago

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EU leaders vow to boost defence spending and support Ukraine amid US aid uncertainty, stressing Europe’s military capability against Russia.

In Short

European leaders are committed to supporting Ukraine and increasing defence spending, especially in response to changing U.S. policies. During a summit, they discussed the need for enhanced military funding and considered proposals for joint borrowing to bolster European defence capabilities.

European leaders have voiced their commitment to supporting Ukraine and increasing defence spending in light of changing U.S. policies.

During a summit in Brussels, Polish Prime Minister Donald Tusk emphasised the need for Europe to embrace this challenge and invest in defence capabilities.

Many leaders acknowledged the European Commission’s recent proposals for more flexible defence spending and potential joint borrowing of up to 150 billion euros to enhance military funding for EU member states.

EU Engagement

The summit also served as a platform for Ukrainian President Volodymyr Zelenskiy to engage with EU leaders, illustrating a stark contrast to prior U.S. interactions.

Despite the EU’s resolve, historical reliance on U.S. military support poses challenges, particularly following a freeze on U.S. aid to Ukraine. NATO data indicates that the U.S. accounted for over 40% of military assistance last year.

German Chancellor Olaf Scholz reiterated the necessity of maintaining U.S. support for Ukraine’s defence.

EU unity may face hurdles, especially as Hungary’s leader Viktor Orban could potentially block a unanimous statement backing Ukraine.

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Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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News

Trump calls for Iran’s surrender

Israel and Iran escalate conflicts with missile strikes, prompting Netanyahu’s airstrikes and Trump’s call for Iran’s surrender.

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10 hours ago

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June 20, 2025

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Israel and Iran escalate conflicts with missile strikes, prompting Netanyahu’s airstrikes and Trump’s call for Iran’s surrender.


Missile strikes between Israel and Iran are intensifying, with both nations targeting nuclear and military sites.

After a missile hit an Israeli hospital, Prime Minister Netanyahu retaliated, launching 20 fighter jets into Western Iran.

Meanwhile, President Trump has demanded Iran’s unconditional surrender and hinted at possible U.S. military involvement.

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#IsraelIran #MiddleEastConflict #Trump #nucleartensions #TickerNews #militaryescalation

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News

Israel strikes Iran’s nuclear sites after hospital hit

Israel’s airstrikes on Iranian nuclear sites escalate tensions after a missile attack on an Israeli hospital, prompting Iranian retaliation and casualties on both sides.

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10 hours ago

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June 20, 2025

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Israel’s airstrikes on Iranian nuclear sites escalate tensions after a missile attack on an Israeli hospital, prompting Iranian retaliation and casualties on both sides.


Israel has launched preemptive airstrikes on Iranian nuclear sites after a missile attack struck an Israeli hospital, marking a dramatic escalation in regional tensions.

Iran has retaliated with counterstrikes, as both nations report casualties. Israel claims the campaign is necessary to stop Iran from obtaining nuclear weapons—an accusation Tehran denies.

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#IsraelIran #MiddleEastCrisis #Trump #Airstrikes #NuclearTensions #BreakingNews #tickernews

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Money

Fed signals slower cuts amid rising risks

U.S. Federal Reserve revises economic forecasts downward, expecting growth slowdown and higher unemployment, but still plans rate cuts in 2024 and 2025.

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1 day ago

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June 19, 2025

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U.S. Federal Reserve revises economic forecasts downward, expecting growth slowdown and higher unemployment, but still plans rate cuts in 2024 and 2025.


At its latest meeting, the U.S. Federal Reserve revised its economic forecasts downward, with growth trimmed, inflation nudged up, and unemployment expectations now higher.

Despite this gloomier outlook, the Fed still sees two rate cuts in 2025, but just one in 2024 and one in 2026, a major dial-back from earlier projections.

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#FederalReserve #InterestRates #JeromePowell #Inflation #USEconomy #FedMeeting #tickernews

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