Europe Faces a Huge Bill to Defend Ukraine. Investors Are Thrilled.
“Trump, Putin (and possibly Elon Musk?) all seem to dislike the European Union,” Holger Schmieding, an economist at the German bank Berenberg, wrote in a research note on Monday. “They would prefer to deal one-by-one with a panoply of minnows and middling countries than with a union that represents the second biggest market in the world.”
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Originally posted on: https://www.nytimes.com/2025/03/03/business/dealbook/europe-ukraine-defense-stock-market.html