Is Financial Crisis in Europe a Security Threat?

Assistant Secretary Philip H. Gordon today said question of the economic crisis obviously looms large for Europe and the United States during an interview with Bernardas Gailius of LTV.

“There’s no doubt that the United States is reducing its defense budget, as are a number of European countries. That is simply a reality. “ -Mr Gordon

He noted that the U.S. government is going to have to find ways to spend more efficiently.

“One of the things that means is we need to do it more collectively within NATO.” -Mr. Gordon

NATO
The NATO Secretary General, the U.S. President, and the Prime Ministers of Latvia, Slovenia, Lithuania, Slovakia, Romania, Bulgaria, and Estonia after a ceremony welcoming them into NATO on 29 March 2004 at the Istanbul Summit.

He stressed that the United States has a profound interest in Europe’s economic success. He said it is U.S. biggest trade and investment partner.

“We’re obviously following the economic crisis in Europe closely, but we are confident that European leaders understand the urgency of the situation and have the means to deal with it.” -Mr. Gordon

He noted that the United States will be hosting the next NATO Summit in Chicago in May. He said one of U.S. big priorities for that summit are initiatives that the NATO Secretary General calls smart defense which will allow to pool resources and spend scarce defense dollars and euros more efficiently.

“So we have some programs in mind to do that. One of them, by the way, supports the Baltic air policing which is a good example of how some allies with certain capabilities can help others who may not have the same capabilities.” -Mr. Gordon

The North Atlantic Treaty Organization or NATO is an intergovernmental military alliance based on the North Atlantic Treaty which was signed on 4 April 1949. The NATO headquarters are in Brussels, Belgium. The organization constitutes a system of collective defence whereby its member states agree to mutual defense in response to an attack by any external party.

Hot this week

Did David Wineland and Serge Haroche Steal Idea For The Nobel Physics Prize?

Dr. Omerbashich says the Royal Swedish Academy is a Crime Scene and he has the proof that Nobel laureates stole his discovery.

New Approaches to Disaster Relief Challenges

Disaster relief has always been a challenge. NASA, Google,...

3 Legitimate Money Making Methods to Supplement Your Income

In a perfect world, when your landlord raises your...

2016 Predictions by World Renowned Medium and Psychic Lindy Baker

World renowned medium and psychic Lindy Baker is interviewed by The Hollywood Sentinel, discussing psychic power, the spirit world, life after death, areas of concern in 2016, and much more.

Digital Coupon Customers Spending More Than Double At Stores

A new study shows that customers who use digital coupons go shopping more for groceries and other household goods more often and spend more on their shopping trips.

Kamala Harris Presidential Campaign Paid Millions to Celebrity Production Companies Despite Denials

Waste and political funding in focus, revelations show the failed Kamala Harris presidential campaign funneled big funds into celebrity production.

Robert F. Kennedy Jr. Confirmed as HHS Secretary in 52-48 Senate Vote

Robert F. Kennedy Jr. was confirmed as Secretary of...

Somalia Launches First Youth Football Development Center

Inaugurated by the president of Somali Football Federation, Mr. Ali Abdi Mohamed, the new youth football development center began its operation in the city of Baidoa on Thursday 13th of February 2025.

Tulsi Gabbard Confirmed as U.S. Director of National Intelligence, Meets with Indian PM Modi

Tulsi Gabbard, Director of National Intelligence The U.S. Senate confirmed...

Why Is Kendrick Lamar Dissing Drake Now?

Kendrick Lamar and Drake once shared a collaborative spirit, but tensions simmered in 2013 with Lamar's bold verse on "Control." What followed...

The History of Palestine: Ancient Civilizations to Today

From the ancient settlements of Jericho to the emergence of the Canaanites, the origins of Palestine reveal a rich tapestry of cultures. But what mysteries lie hidden in its sands, waiting to be unearthed?

DIY Garden Projects: Creative and Budget-Friendly Ideas

Transform your backyard with stunning DIY garden projects that elevate your outdoor space—yet one unexpected challenge remains...

Omri Hurwitz Media Adds New Clients BridgerPay, Marble Law, Canditech, Among Others

In a world where digital storytelling and media presence...
spot_img

Related Articles

Popular Categories

spot_imgspot_img