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Questionable Achievements of Donald Trump's Foreign Policy
13 March 2025
Finland's Stance on NATO Defense Spending Is Linked to the Geopolitical Threat from Russia
Finnish Minister of Finance Riikka Purra (Finns Party) suggested today that the defense spending target for the military alliance NATO will be raised to three or even 3.5 percent of the member countries' gross domestic product. Such an increase would be quite high, as many European NATO countries have not previously reached the current two percent target.
However, Finland appears to be ready for such an increase, provided that the decisions are made in a way that the allocated funds are specifically directed towards enhancing the country’s military capability and addressing threats against Finland, as well as fulfilling identified defensive needs.
In practice, the Finnish military currently has the greatest needs in the development of ground forces, so investments will initially focus on that area. This is because Finland has recently or is currently investing heavily in both naval and air forces.
However, the extent of the military threat against Finland remains unknown, as it depends on the outcome of the war in Ukraine. If the outcome is such that Russia can interpret its aggression as having achieved any form of victory, the risk to Finland increases in proportion to the certainty of Russian military achievements.
For this reason, it is not in Finland's interest to support a resolution that would, for example, limit Ukraine's sovereignty, involve territorial concessions, or restrict its military capabilities. Unfortunately, it seems that such elements are included in President Donald Trump's plan for a ceasefire and permanent peace. Even more clearly, these elements are present in the demands that Vladimir Putin has set as conditions for his involvement.
Unfortunately, at the moment, it seems that Trump does not understand — or care — about the consequences of such peace for Russia’s neighboring states. Nor do European countries, due to their previous neglect of defense, possess the military strength to offer Ukraine an alternative or to pressure Russia to withdraw from Ukraine.
Therefore, the current phase of the peace process in Ukraine appears outright threatening to both Finland and other neighboring states of Russia. On the other hand, it ensures that the citizens of these countries have a strong will to enhance and strengthen their military defense capability.
Previous thoughts on the same topic:
Now It's Putin's Turn to Show His Hand
Shifting U.S. Foreign Policy Sparks Concerns in Estonia
Trump's Indecision Benefits Putin – Deadly Consequences for Ukraine
7 October 2024
Bad News for Vladimir Putin and His Imperialistic Dreams
The Russians have recently received multiple pieces of bad news. The latest, which surfaced through social media, reports that in September, Russia experienced the highest average wartime losses: 1,271 soldiers killed or wounded daily.
Additionally, also according to information from social media, the Russian army has lost the equivalent of five divisions' worth of armored equipment in the Pokrovsk area of Eastern Ukraine over the past year. This information was gathered by compiling all recorded instances of Russian equipment destruction for which there is video evidence: a total of 539 tanks and around 1,020 armored vehicles.
If losses continue at this pace, it is possible that the Russians will eventually have to abandon their gradually successful offensives in the Pokrovsk area and retreat to defensive positions.
* * *
Another drawback for Putin comes from the Russian economy. Namely, Russia's state budget for next year includes a 12% increase, mainly due to a quarter rise in military spending from this year.
Military expenditures will amount to 6.3% of the country’s GDP. Additionally, it is likely that more military expenses have been concealed, related to the ongoing invasion of Ukraine.
However, Russia’s economy has not developed, as the government has simply shifted more costs onto citizens and businesses. For example, the corporate tax rate is rising from 20% to 25%, and personal taxes will become progressive. In addition, the costs of housing, services, and public transport will also be increased.
As a result, inflation is expected to accelerate to at least 5.5%. Therefore, Russia’s central bank was shocked by the budget and plans to raise the key interest rate from the current 18% to 20%, but even this is considered insufficient to keep inflation in check.
Thus, next year’s Russian budget brings three pieces of bad news: the budget growth comes solely from businesses and citizens’ pockets, despite structural balance, the budget will increase inflation, and there is no end in sight to the negative trends as the invasion continues.
However, it remains to be seen how all of this will ultimately affect Putin's army's ability to wage war in Ukraine. The possible loss of its fighting ability would be really bad news for Vladimir Putin and his imperialistic dreams.
Previous thoughts on the same topic:
General Pekka Toveri, the Chair of the European Parliament's Delegation for Ukraine
Putin Set a Goal — Failure Would Be an Embarrassment
Turning Points in the War in Ukraine and the West's Responsibility