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Europe’s Defense Spending to Rise as Global Threats Proliferate

  • Trump arrival, Brexit open door on EU military cooperation
  • Spending to rise this year for first time since 2009: IHS
A French soldiers checks a Caracal French military helicopter on November 9, 2016 at the Cazaux airbase in La Teste-de-Buch.
Photographer: Mehdi Fedouach/AFP via Getty Images

Donald Trump’s arrival and Britain’s departure are finally pushing the European Union to agree on increased defense spending and greater cooperation between their armed forces.

Leaders of EU countries meeting in Brussels on Thursday are calling on all of the bloc’s members to do more to ensure their security, according to a draft statement obtained by Bloomberg. They’ll also discuss French-German proposals for closer military ties between member states in areas such as planning and procurement.