In the political victory of US President Donald Trump, the members of NATO have supported the objective of a large defense cost.
With a huge change in NATO, members of the block have agreed to increase the protection costs to five percent (GDP) of the total domestic product.
This action will inject more dollars of military and weapons and raise questions about how the government will follow the bill.
Due to the public budget stress, many European politicians rejected the target at the beginning of the year when US President Donald Trump demanded.
Europe’s priority seems to be moving towards security by citing Russia’s rising threats.
And Chinese goods are in the market from southeast Asia to Europe.
Moreover, top economists demand debt relief in developing countries.
