00:00What is happening at the moment, and this is taking place now since February last year,
00:06is that the Europeans and the Canadians are massively stepping up in terms of defense spending.
00:11As I mentioned before, Germany will spend, by 2029, over 150 billion euros.
00:17That's over 175 billion dollars, twice as much as in 2021.
00:23We see this all over Europe.
00:24My country, the whole of the European, all the European allies, and Canada, the whole of the alliance on 2%,
00:31and including the bigger economy.
00:33So this is massively taking part, at this moment happening.
00:36You heard the US Vice President yesterday.
00:39I've totally agreed with him.
00:41Europe has to take a bigger role.
00:43Europe will take a bigger role, together with Canada.
00:46A stronger Europe in a stronger NATO, taking more of the responsibility for the conventional defense.
00:52And yes, the US will stay involved in Europe.
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