Categories: News

Shares of European Defense Companies were sharply rise after promises to support Ukraine – Bloomberg

< img src = "/uploads/blogs/2e/3C/ib-f-f-FQMITA7OV_FD28E3CC.jpg" Alt = "shares of European defense companies were sharply ridden after promises to support Ukraine-Bloomberg"/~ 62 < P > The shares of defense companies involved in military assistance to Ukraine sharply went up after European leaders' announcements to increase the costs of defense and further support Ukraine. This was reported by Bloomberg on Monday, March 3. < Br /> The shares of defense companies have reached new record maxima after the promise of European leaders to increase military spending. Increase in percentage ratio is more than 60%.

< p > “The prospect of a sharp increase in defense costs from European countries has already led to a sharp rally of shares of companies involved in this sector. Rheinmetall, one of the largest European suppliers of land for land troops, this year increased by more material.

< P > JPMORGAN asset Management Strategist Vincent Juvins Juvins noted that European countries' state expenditures for defense will increase sharply in the coming years, even if in Ukraine this year manages to set a ceasefire and sign peaceful agreements. < P >< IMG SRC = "/Uploads/Wysiwyg/%D0%90%D1%80%D1%82%D0%D0%BC/07022025/67c5eed482F24 Alt = "67C5EED482F24-ODESA, _TRUHANOV.WEBP (15 KB)" Width = "578" Height = "271" />0 ~ /P > ~ > 62 > 62 ~ 62

Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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