Fitch warns of fiscal challenges from rising defense spending in Europe
Rising defense spending across European NATO members in response to heightened geopolitical uncertainty is set to worsen fiscal deficits and strain national budgets, according to Fitch Ratings.Since Russia's invasion of Ukraine, nearly all European nations have boosted their military expenditures, but many still fall short of NATO’s 2% of GDP…
Fitch warns of fiscal challenges from rising defense spending in Europe
Rising defense spending across European NATO members in response to heightened geopolitical uncertainty is set to worsen fiscal deficits and strain national budgets, according to Fitch Ratings.Since Russia's invasion of Ukraine, nearly all European nations have boosted their military expenditures, but many still fall short of NATO’s 2% of GDP…
Fitch warns of fiscal challenges from rising defense spending in Europe
Rising defense spending across European NATO members in response to heightened geopolitical uncertainty is set to worsen fiscal deficits and strain national budgets, according to Fitch Ratings.Since Russia's invasion of Ukraine, nearly all European nations have boosted their military expenditures, but many still fall short of NATO’s 2% of GDP…
Fitch warns of fiscal challenges from rising defense spending in Europe
Rising defense spending across European NATO members in response to heightened geopolitical uncertainty is set to worsen fiscal deficits and strain national budgets, according to Fitch Ratings.Since Russia's invasion of Ukraine, nearly all European nations have boosted their military expenditures, but many still fall short of NATO’s 2% of GDP…