Saudis host Ukraine meeting without Ukraine, Moscow wants no NATO troops there

By Hümeyra Pamuk, Pesha Magid, Stephen Farrell, Farouq Suleiman, Christina Anagnostopoulos, Mark Potter, Heather Timmons and Zoe Law
Reuters

Summary

Poland says US has no intention of lowering troop numbers in eastern Europe

Keith Kellogg and Andrzej Duda in Warsaw, Poland, February 18, 2025. REUTERS/Kacper Pempel

Polish President Andrzej Duda said he was assured in a meeting with Keith Kellogg, the U.S. envoy to Ukraine, that Washington had no intention of lowering troop numbers in eastern Europe

Europe’s options for paying for new defence needs

European Commission President Ursula von der Leyen speaks in Strasbourg, France November 27, 2024. REUTERS/Yves Herma

The EU is discussing how to finance a big increase in defence spending as the US looks to reduce its commitments to the continent.

With the European Commission estimating EU defence spending needs at 500 billion euros over the next 10 years, the solution is likely to include a combination of options, rather than a single one. Here are some of the ideas under discussion:

RELAXING EU SPENDING RULES

The Commission has said it will soon propose that defence spending be exempt from EU laws that put annual spending limits on governments to gradually lower their public debt and keep their budget deficits below 3% of GDP.

MONEY FROM THE EU’S NEXT LONG-TERM BUDGET FOR 2028-2034

The EU will start negotiating its next seven-year budget from July. The Commission believes that it should provide funds for EU defence projects and therefore that it should be bigger than the roughly 1% of EU gross national income, or 1.2 trillion euros, it is now.

MONEY FROM THE EU’S 2021-2027 BUDGET

The current seven-year EU budget has no proper funds designated for defence. But around one-third of it is earmarked to equalise the standards of living between regions in the 27-nation EU, and some of that cash could potentially be used for projects linked to defence.

NEW JOINT EU BORROWING

Since 2021, the EU has been jointly borrowing hundreds of billions of euros for grants and loans to EU governments for an economic recovery after the COVID-19 pandemic. Some officials have argued that such joint EU borrowing could be repeated for defence.

Zelenskiy says he postponed his visit to Saudi Arabia

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