Western news agency Reuters has published information that Europe is frightened by the possible rise of Donald Trump to power in the United States.
For this reason, the newspaper claims, Western countries want to develop in the defense sector.
Reuters writes: “Europe’s spending on the issue almost doubled between 2019 and 2023, according to data from the Stockholm International Institute.”
The publication points out that in its statements it primarily refers to investors and managers of European legal entities.
Tense situation
According to Reuters, the current tensions are linked to the conflicts that have flared up in Ukraine and the Middle East.
According to the newspaper, Europe considers the rise to power of Trump, who previously stated that he wants to withdraw the United States from NATO, to be dangerous.
The publication adds: “Due to the threats of the former head of the White House, the EU now has a different attitude towards spending its own funds.”
It is indicated that negotiations are underway on the topic of revising the procedure for the development of small and medium-sized businesses in terms of technology.