Europe's NATO members take an economic hit

欧洲的北约成员国遭受经济损失

The Indicator from Planet Money

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2025-02-27

9 分钟
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When it comes to defense, one thing looks certain: European members of the North Atlantic Treaty Organization (NATO) are going to have to pay more. Countries that are struggling economically will soon need to spend hundreds of billions of dollars. Can they do it? Related episodes: Can Europe fund its defense ambitions? (Apple / Spotify) The weapons supply chain For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
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  • Npr.

  • This is the indicator from Planet Money.

  • I'm Waylon Wong.

  • And I'm Paddy Hirsch.

  • In the wake of the Trump administration wrecking Cruz visit to Europe two weeks ago,

  • European politicians

  • and bureaucrats are desperately trying to figure

  • out what the future of their relationships with the US look like.

  • The UK prime minister's in the White House today trying to get a handle on it.

  • One thing that looks increasingly certain when it comes to defense,

  • members of the North Atlantic Treaty Organization,

  • which of course includes a lot of European nations, are going to have to pay more.

  • For years, President Trump has complained that many NATO members have been getting a free ride.

  • Yeah, well, that ride appears to be coming to an end.

  • Trump's envoys signaled not only

  • that they will be insisting on all NATO members meeting their obligations,

  • but they want to see the threshold raised from 2 to 5% of GDP.

  • We're talking about hundreds of billions of dollars being spent

  • by countries that are already struggling economically.

  • On today's show, we'll talk about where all of that money might come from.