Poland to Make Defense Top Priority During 2025 EU Presidency [BNN Bloomberg (Canada)]
Intel Corporation (INTC)
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Source: BNN Bloomberg
The pressing issue of increasing joint safeguards against Russia is highly divisive with European Parliament elections due this June and Hungary taking then taking over the six-month presidency. “We need more solidarity among European countries,” Domanski said in an interview in Washington. Even if the war ended tomorrow, a high level of investment in defense would need to be maintained, he said. Poland, a NATO member, has been ramping up its defense spending in the face of Russia's invasion of neighboring Ukraine. The prolonged war, now into its third year, has sparked discussions among EU leaders over how to finance a major overhaul of the defense sector. In the meantime, Domanski, a former Warsaw-based equity portfolio manager, is focused on pitching Poland as a top investment destination for international investors looking to move money away from Asia and closer to the European markets, arguing the country will be the key beneficiary of friend-shoring. “Poland is on a rol
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