In addition to the billions already allocated to Ukraine, the 2024 defence budget is expected to rise by nearly 43 percent, a war-budget that is expected to continually rise each year to reach an initial sum of €21.4 billion euros, or roughly 2 percent of the Dutch GDP by 2030.
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While the US and China settle in for a drawn-out economic war, Europe is unlikely to have the luxury of toughing it out. China makes the goods and the US has the dollar, where does that leave Europe?
The Netherlands will have to get used to the fact that it may pay a high price for its security and prosperity, according to outgoing Minister Geoffrey van Leeuwen (Foreign Trade and Development Cooperation). “Even if it is measured in civilian casualties and body bags.” By this, he means that there could be deaths among civilians or soldiers.
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