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20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing
Torsten Reil
I mean, Keir Starmer's actively said we will not have an increase in defence spending. Well, I think most governments are actually committing to an increase over time. So we are at, I think, roughly probably 2% right now on average in NATO. That's quite low historically. It's been, through the Cold War, it's been 3% to 6% or so.
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