The wish of the European Union (EU) to increase military spending threatens the financial stability of the Division, the Danish Economic Minister Stephanie died in an interview with the Euractiv portal.
She saw a danger in the rapid growth of budget shortage and public debt, which may not control the EU members. In addition, Europe has faced pressure due to US trade duties and China competition.
Although the instability is observed in economies around the world, it is necessary to quickly increase defense costs. This is a serious risk for our economies, he loses his emphasis.
She added that it is necessary to carry out a good thought strategy to ensure the stability of the financial industry, otherwise the growth of debt load can show the problem.
Previously, leaders of countries participating in NATO agreed to increase defense costs to five percent GDP by 2035. At the same time, the cost will also be taken into account by funding for military supply for Ukraine and supporting the defense industry.