At the World Economic Forum in Davos, Ukrainian President Volodymyr Zelenskyy delivered a powerful message to European nations, urging them not to cut back on defense spending. He indirectly supported the call of U.S. President Donald Trump to increase NATO allies’ defense budgets to 5% of GDP. Zelenskyy stressed that Europe needs a unified security system and defense policy to protect itself from external threats, particularly from Russia.
Zelenskyy said, “All European countries must be willing to spend as much on security as it’s truly needed – not just as much as they have gotten used to during years of neglect. If it takes 5% of GDP to cover defense, then so be it 5%. And there is no need to play with people’s emotions that defense should be compensated at the expense of medicine or pensions or something else. That’s really not fair.” This statement highlights the pressing need for adequate defense funding across Europe, even if it means reallocating resources from other sectors.
He further emphasized the importance of Europe understanding its strategic position, stating, “Russia is not separated from European countries by an ocean.” Zelenskyy pointed out the dangers of underestimating Moscow’s alliances, particularly with Iran and North Korea. He also noted that Russia has the potential to access up to 1.5 million soldiers, contrasting with Europe’s relatively smaller military forces. While Ukraine currently has the largest army in Europe, with more than 800,000 troops, France’s military numbers around 200,000, and the rest of Europe has significantly smaller forces.
The Ukrainian president highlighted that no single European country can defend itself alone. “We are building drones together, including some totally unique ones that no one else in the world has. We are producing artillery together, and in Ukraine, it is much cheaper and faster than in any other country in the world. Investing now in Ukrainian drone production is investing not only in the security of Europe, but the ability of Europe to be a security guarantor for other vital regions,” Zelenskyy explained, showcasing Ukraine’s ongoing contributions to Europe’s security.
To further bolster European defense, Zelenskyy proposed the joint development of air defense systems capable of intercepting all types of cruise and ballistic missiles. “Europe needs its own version of the Iron Dome… We cannot rely on the goodwill from a few capitals when it comes to Europe’s security, and whether it’s Washington, Berlin, Paris, London, Rome, or – after Putin kicks the bucket – some imaginary democrat in Moscow someday,” he said. This proposal underscores the need for Europe to create its own robust defense systems and not rely on external support alone.
Zelenskyy’s speech was aimed at urging Europe to become more self-reliant in defense matters, both economically and militarily. He highlighted the strategic importance of strengthening European security, not just for the continent’s protection, but also to enable Europe to become a stronger partner to the United States. His message of unity and collaboration in defense matters was well received, with European Commission President Ursula von der Leyen assuring continued support for Ukraine, despite concerns about a potential decrease in U.S. aid.
Zelenskyy’s call for increased defense spending and a more unified European security policy is a reflection of the growing need for Europe to step up its defense capabilities in the face of ongoing threats. The economic implications of this are significant, as it will require a substantial financial commitment from European nations, but the costs of inaction could be far higher. The president’s remarks underscore the urgency for Europe to prioritize its security in an increasingly unstable geopolitical landscape.
In the backdrop of these discussions, von der Leyen cautioned about the risk of a “global race to the bottom” through economic tools like sanctions, export controls, and tariffs. Her comments highlight the complex economic challenges that Europe faces as it strives to balance defense investments with maintaining economic stability. However, the broader message is clear: Europe must act now to secure its future in an uncertain world.