From Bloomberg Markets and Finance.
European Defense Commissioner Andrius Kubilius discusses efforts to boost the region’s military capabilities, and calls for a rapid increase in spending by EU member nations. The bloc is trying to mobilize hundreds of billions of euros in defense funds and create a new security architecture to provide new support for Ukraine and protect against Russia. Kubilius talks with Oliver Crook on Bloomberg Television.
00:00 US policy toward Russia, Ukraine and Europe’s response
01;17 Evaluating cost of boosting Europe’s defense capabilities
03:13 Fiscal rules; building consensus; Hungary PM Viktor Orban
05:58 Italian proposal to extend NATO Article 5 protections to Ukraine
06:40 Starlink; reaction to Trump comments on US security guarantee
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