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You can say many things about Donald Trump, but he is good for business; European business, specifically. Now that Europe needs to fend for itself, and governments together with the European Commission are splashing out for defense, share prices for the old continent’s defense players are surging, with some increasing 40% this year. This means investors are betting on a steady flow of government tenders handed out to those companies for years to come. However, as Holger Schmieding, Chief Economist at Berenberg Bank, explains to us, this extra expenditure will also benefit new entrants – companies that will expand into defense – and defense startups, which the sector sorely needs (as the Ukraine war has taught us). 🔴 Watch our 24/7 livestream - https://youtube.com/live/9ZIgD0zAcfg?... Bringing you all the latest daily news and updates, TVP World is Poland's first English-language channel where you can find world news as seen from the Polish perspective and the latest news from the CEE region. Follow us on Twitter, Facebook, Instagram. https://tvpworld.com/ / tvpworldcom / tvpworld_com / tvp_world https://www.threads.net/@tvp_world https://bsky.app/profile/tvpworld.bsk... / tvpworld.com https://t.me/tvp_world