At the recent NATO summit in Washington, leaders focused on the high cost of overhauling Europe's defense capabilities amidst growing fears of Russian aggression. The alliance has identified major shortfalls in areas like air defenses and troop numbers, with plans to set binding targets for member nations by autumn 2025. The overhaul, NATO's biggest since the Cold War, faces challenges due to budget constraints and potential U.S. election impacts, necessitating increased European defense spending and enhanced military readiness.
