German Chancellor Merkel: We just had a very fundamental discussion at NATO

Haresh Menghani FXStreet

German Chancellor Angela Merkel, speaking on the sideline of NATO summit, was noted saying that we had a very intense summit and there was a very fundamental discussion.

Key quotes:

• German boost in defence spending is well underway.
• European allies have made clear that they are responding to a new security situation.
• Trump demanded a change in burden sharing in NATO.
• The result is a clear commitment from everyone.
• Security is a different issue from trade and tariff discussions.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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